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Investment X offers to pay you $5,400 per year for seven years, whereas Investment Y offers to pay you $8,000 per year for four years.

Investment X offers to pay you $5,400 per year for seven years, whereas Investment Y offers to pay you $8,000 per year for four years. Use Appendix D. (Round "PV Factor" to 3 decimal places. Round the final answers to 2 decimal places.) Calculate the present value for Investment X and Y if the discount rate is 6%. Present value Investment X $ Investment Y $ Calculate the present value for Investment X and Y if the discount rate is 16%. Present value Investment X $ Investment Y $

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