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An investment of 10,000 will yield benefits of $ 3,000 annually for the next 5 years. However, the average inflation for the period is expected
An investment of 10,000 will yield benefits of $ 3,000 annually for the next 5 years. However, the average inflation for the period is expected to be 6%, so the benefit in the real value of money will be affected. Using an interest rate of 10%, calculate the present value of the investment considering the value of money at time 0.
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