Question: Problem 4-13 Present Value with Different Discount Rates (LG4-4) Compute the present value of $650 poid in three years using the following discount rates: 7

Problem 4-13 Present Value with Different Discount Rates (LG4-4) Compute the present value of $650 poid in three years using the following discount rates: 7 percent in the first year, 8 percent in the second year, and 9 porcent in the third yoat. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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