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You invest $2,200 today and expect to sell your investment for $4,800 in 10 years. a-1. Calculate the present value of the future payoff, if

You invest $2,200 today and expect to sell your investment for $4,800 in 10 years. a-1. Calculate the present value of the future payoff, if the interest rate is 8%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) a-2. Is this a good deal? b-1. Calculate the present value, if the interest rate is 10%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b-2. Is this a good deal? a-1. Present value a-2. Is this a good deal? b-1. Present value b-2. Is this a good deal

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