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Problem 5-6 Present Value (LG5-3) Compute the present value of a $5,900 deposit in year 2 and another $5,400 deposit at the end of year
Problem 5-6 Present Value (LG5-3)
Compute the present value of a $5,900 deposit in year 2 and another $5,400 deposit at the end of year 5 using an 10 percent interest rate. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Present value $ ______
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