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A business promises to pay the investor of $3,000 today for a payment of $750 in one year's time, $1,500 in two years' time and

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A business promises to pay the investor of $3,000 today for a payment of $750 in one year's time, $1,500 in two years' time and $1,500 in three years' time. What is the present value of this business opportunity if the interest rate is 2% per year? A. $591 B. $945 OC. $709 D. $295

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