Compute the present value of a $2,200 deposit in year 3, and another $1,700 deposit at the end of year 5 if interest rates are 8 percent. Note: Do not round intermediate calculations and round your final answer to 2 decimal places. Present value

Compute the present value of a $2,200 deposit in year 3 , and another $1,700 deposit at the end of year 5 if interest rates are 8 percent. Note: Do not round intermediate calculations and round your final answer to 2 decimal places