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3. An investment will pay $100 at the end of each of the next 3 years, $200 at the end of year 4, $300 at

3. An investment will pay $100 at the end of each of the next 3 years, $200 at the end of year 4, $300 at the end of year 5, and $500 at the end of year 6. If the investment is made at an 8% annual interest rate, what is its present value? What is its future value

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