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Assuming an annual effective interest rate of i , each of the following have the same present value. ( i . ) 8 0 0

Assuming an annual effective interest rate of i, each of the following have the same present value.
(i.)800,000 immediately;
(ii.)280,000 each in one year, two years and three years;
(iii.)400,000 at times t,2t and 3t.
Find t.
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