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An investment pays Tweety $1,250 at the end of this year, and $500 at the end of each of the four following years. What is
An investment pays Tweety $1,250 at the end of this year, and $500 at the end of each of the four following years. What is the present value of this investment, given that the interest rate is 6% per year? a. $3,018.01 b. $2,879.02 c. None of the options d. $2,813.73 e. $2,947.07
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