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2.27 How much invested now at an interest rate of 10% compounded annually would be just sufficient to provide three payments as follows: the first
2.27 How much invested now at an interest rate of 10% compounded annually would be just sufficient to provide three payments as follows: the first payment in the amount of $5,000 occurring two years from now, the second payment in the amount of $7000 four years thereafter, and the third payment in the amount of $9,000 six years thereafter
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