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Compute the present value of $3,000 paid in four years using the following discount rates: 3 percent in year 1, 4 percent in year 2,
Compute the present value of $3,000 paid in four years using the following discount rates: 3 percent in year 1, 4 percent in year 2, 5 percent in year 3, and 6 percent in year 4
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