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Compute the present value of a $5,800 deposit in year 1, and another $5,300 deposit at the end of year 4 using an 8 percent

Compute the present value of a $5,800 deposit in year 1, and another $5,300 deposit at the end of year 4 using an 8 percent interest rate. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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