Question: Given a 4 percent interest rate, compute the present value of deposits made in years 1 , 2 , 3 , and 4 of $

Given a 4 percent interest rate, compute the present value of deposits made in years 1,2,3, and 4 of $1,000,$1,200,$1,200, and $1,400.
Multiple Choice
$4,103.06
$4,615.38
$4,804.00
$4,334.53
 Given a 4 percent interest rate, compute the present value of

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