Question: 4 Given a 8 percent interest rate, compute the present value of payments made at the end of years 1, 2, 3, and 4 of

Given a 8 percent interest rate, compute the present value of payments made at the end of years 1, 2, 3, and 4 of $2,468, $1,566, $2,366, and $1,569, respectively. (Do not round intermediate calculations and round your final answer to the nearest dollar.)

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