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Investment X offers to pay you $4,300 per year for nine years, whereas Investment Y offers to pay you $6,400 per year for five years.

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Investment X offers to pay you $4,300 per year for nine years, whereas Investment Y offers to pay you $6,400 per year for five years. Calculate the present value for Investments X and Y if the discount rate is 4 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present value Investment X Investment Y Calculate the present value for Investments X and Y if the discount rate is 14 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present value Investment X Investment Y

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