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Barah agrees to pay an amount of 2X at the end of 3 years and an amount of X at the end of 6 years.
Barah agrees to pay an amount of 2X at the end of 3 years and an amount of X at the end of 6 years. In return she will receive $2,000 at the end of 4 years and $3,000 at the end of 8 years. At an 8% effective rate of discount, what is the size of Sarahs' first payment
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