Question: Given a 7 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,950, $2,150, $2,150, and

Given a 7 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,950, $2,150, $2,150, and $2,450

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