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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 $1,700,$2,000,$2,000, and $2,100, respectively. (Do not

image text in transcribed Given a 6 percent interest rate, compute the present value of payments made in years 1,2,3, and 4 of $1,700,$2,000,$2,000, and $2,100, respectively. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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