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What did I do wrong here? Compute the present value of $1,000 paid in three years using the following discount rates: 6 percent in the

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Compute the present value of $1,000 paid in three years using the following discount rates: 6 percent in the first year, 7 percent in the second year, and 8 percent in the third year. (Do not round intermediate calculations and round your answer to 2 decimal places.) Present value $653.65 eBook & Resources eBook: Present Value References Worksheet Difficulty: 1 Basic

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