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An investment will pay $20,000 at the end of the first year, $30,000 at the end of the second year, and $50,000 at the end

  1. An investment will pay $20,000 at the end of the first year, $30,000 at the end of the second year, and $50,000 at the end of the third year. Determine the present value of this investment using a 10% annual interest rate.

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