Problem 4-14 Present Value with Different Discount Rates (LG4) Compute the present value of $5,900 paid in two years using the following discount rates: 8 percent in the first year and 7 percent in the second year. (Do not round intermediate calculations and round your answer to 2 decimal places.) Present value References eBook & Resources Worksheet Problem 4-14 Present Value with Different Discount Rates (LG4)