Question: help plz What is the present value of ( $ 1,600 ) due in 13 years at a 7 percent interest rate and 13 percent

help plz What is the present value of \( \$ 1,600 \) due in 13 years at a 7 percent interest rate and 13 percent interest rate? Do not round intermediate calculations. Round your answers to the nearest cent. P 2 answers

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