Question: An example of finding this present value? Thanks Problem 4-7 Present Value with Different Discount Rates (LG4-4) Compute the present value of $1,000 paid in

An example of finding this present value? Thanks

Problem 4-7 Present Value with Different Discount Rates (LG4-4) Compute the present value of $1,000 paid in three years using the following discount rates: 6 percent in the first year, 7 percent in the second year, and 8 percent in the third year. Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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