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Compute the present value of a $2,500 deposit in year 3 and another $2,000 deposit at the end of year 5 if interest rates are
Compute the present value of a $2,500 deposit in year 3 and another $2,000 deposit at the end of year 5 if interest rates are 8 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
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