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Calculate the present value in 2 years using discount rates. Compute the present value of $4,000 paid in 2 years using the following discount rates:

Calculate the present value in 2 years using discount rates.

Compute the present value of $4,000 paid in 2 years using the following discount rates:

8% in the first year; and 7% in the second year. What is the value two years from today? value one year from today? and present value?

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