Question: Problem 4-12 Present Value (LG4-4) Compute the present value of an $1,650 payment made in 9 years when the discount rate is 11 percent. (Do

Problem 4-12 Present Value (LG4-4) Compute the present value of an

Problem 4-12 Present Value (LG4-4) Compute the present value of an $1,650 payment made in 9 years when the discount rate is 11 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value

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