Question: Determine the present value of $ 2 0 0 , 0 0 0 to be recieved at the end of each of four years, using

Determine the present value of $200,000 to be recieved at the end of each of four years, using an interest rate of 7%, compounded annually, as follows:
A. By successive computations, using the present value of $1 table in exhibit 5. Round to the nearest whole dollar.

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