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12. What is the most you are willing to pay today for an investment that would return $300 1 year from today, $300 2 years

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12. What is the most you are willing to pay today for an investment that would return $300 1 year from today, $300 2 years from today, $300 3 years from today, $300 4 years from today, $300 5 years from today, $300 6 years from today, $300 7 years from today? Assume all investments earn an annual interest rate of 3%, compounded annually

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