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A proposed project will cost $1000 two years from today. Beginning at the end of year five, $300 in annual bennifits will be received, continuing

A proposed project will cost $1000 two years from today. Beginning at the end of year five, $300 in annual bennifits will be received, continuing until the end of year nine. What is the project's present (year 0) worth at MARR = 10%?

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