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Posted on Aug 11, 2024

An investment promises the following payments: $ 1 3 0 0 next year, $ 1 6 0 0 the year after, $ 2 0 0

An investment promises the following payments: $

1300

next year, $

1600

the year after, $

2000

the year after, and $

5000 7

years from now. The market interest rate is

3.3 % .

How much is the price of this investment today?

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