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An investment will pay you $8,000 in 9 years, and it will also pay you $260 at the end of each of the next 9

An investment will pay you $8,000 in 9 years, and it will also pay you $260 at the end of each of the next 9 years (years 1 thru 9). If the annual interest rate is 5%, how much would you be willing to pay today for this type of investment?

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