Question: Given a 6 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $2,000, $2,300, $2,300, and

Given a 6 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $2,000, $2,300, $2,300, and $2,400, respectively. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Given a 6 percent interest rate, compute the present value of payments

Given a 6 percent interest rate, compute the present value of payments made in years 1,2,3, and 4 of $2,000,$2,300,$2,300, and $2,400, respectively. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Answer is complete but not entirely correct

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