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Determine the current value of each of the certificates

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Question - Certificate A pays $1600 in two months and another $1600 in four months. Certificate B pays $1600 in three months and another $1600 in five months. If the current rate of return required on this type of investment certificate is 4.25%, determine the current value of each of the certificates.

What is the value of Certificate A =

What is the value of Certificate B =

Reference no: EM132946442

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