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2. A project requires an initial investment of $7000 and is guaranteed to yield a return of $1500 at the end of the first year,

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2. A project requires an initial investment of $7000 and is guaranteed to yield a return of $1500 at the end of the first year, $2500 at the end of the second year and Sx at the end of the third year. Find the value of x, correct to the nearest $, given that the net present value is $838.18 when the interest rate is 6% compounded annually

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