Question: Calculate the present value in two years using discount rates. HOW DO I ENTER THE FORMULA IN EACH TO GET THE ANSWER Compute the present

Calculate the present value in two years using discount rates. HOW

Calculate the present value in two years using discount rates.

HOW DO I ENTER THE FORMULA IN EACH TO GET THE ANSWER

Compute the present value of $4,800 paid in two years using the following discount rates: 8 percent in the first year and 7 percent in the second year. (Do not round intermediate calculations and round your answer to 2 decimal places.) Future value Number of years Interest rate first year Interest rate second year 4,800 2 8.00% 7.00% Complete the following analysis. Do not hard code values in your calculations. Value two years from today Value one year from today Present value

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