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please help!! Three formulas for calculating present value are shown below. Formula #1: PV= FV/(1+i)^nt Formula #2: PVOA=C(1/i-1/i(1+i)^nt) Formula #3: PVAD=C(1/i-1/i(1+i)^nt-1)+C Part 1: Using complete sentences, explain how each of these formulas is used. Part 2: Create an example scenario for at least one of the formulas
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