What is the PV of a 20-year annuity of $200, when its first payment is in one
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What is the PV of a 20-year annuity of $200, when its first payment is in one year? (for a rate of 5% AND 10%)
What is the PV of a 20-year annuity of $200, when its first payment is NOW? (for a rate of 5% and 10%)
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