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What is the present value of a savings account that is expected to pay $1150 at the end of year 1 and $1250 at the

What is the present value of a savings account that is expected to pay $1150 at the end of year 1 and $1250 at the end of year 2 given the nominal rate of return 2.5% in the first year and 12.5 % in the second year?

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