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What is the present value of a savings account that is expected to pay $1,050 at the end of year 1, and $2,100 at the

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What is the present value of a savings account that is expected to pay $1,050 at the end of year 1, and $2,100 at the end of2nd year given the rate of return 1.5% in thefirst year and 10.5%inthe second year? (6 points)

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