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2. For each of the following, compute the Present Value. Show your work. Present Value Years Interest Rate Future Value 13 10% 15,500 4 8%

2. For each of the following, compute the Present Value. Show your work.

Present Value

Years

Interest Rate

Future Value

13

10%

15,500

4

8%

51,555

29

24%

886,072

40

35%

550,165

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