Compute the present value of deposit in year two

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Compute the present value of a $2,100 deposit in year 2 and another $1,600 deposit at the end of year 4 if interest rates are 9 percent.

Given a 6 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,300, $1,500, $1,500, and $1,800.

Reference no: EM131851706

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