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2. What is the present value of the following future payments: (a) $1,210 in 2 years at a 10% discount rate; (b) $1,259 in 3

2. What is the present value of the following future payments: (a) $1,210 in 2 years at a 10% discount rate; (b) $1,259 in 3 years at an 8% discount; (c) $1,040 in 1 year at a 4% discount rate

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