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Given a 6 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,900, $2,100, $2,100, and
Given a 6 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,900, $2,100, $2,100, and $2,400, respectively. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Present value
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