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Problem 5-6 Present Value (LG5-3) Compute the present value of a $2,000 deposit in year 1, and another $2,500 deposit at the end of year

Problem 5-6 Present Value (LG5-3) Compute the present value of a $2,000 deposit in year 1, and another $2,500 deposit at the end of year 4 using an 8 percent interest rate. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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