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12) Present Value What is the present value of a $2,800 deposit in year 4 and another $3,300 deposit at the end of year 8

12) Present Value What is the present value of a $2,800 deposit in year 4 and another $3,300 deposit at the end of year 8 if interest rates are 9 percent? $3,639.75 $3,719.23 $1,708.00 $3,061.38

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