Question: Given a 6 percent interest rate, compute the present value of payments made in years 1,2, 3, and 4 of $1,300,$1,500,51,500, and $1,800, respectively Note:

Given a 6 percent interest rate, compute the present value of payments made in years 1,2, 3, and 4 of $1,300,$1,500,51,500, and $1,800, respectively Note: Do not round intermediate calculations and round your final answer to 2 decimal places

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