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Billy Bob just purchased an investment that will pay him $10,000, $20,000. 18,000, and $12.000 over the next four years, respectively. If Billy Bob expects

Billy Bob just purchased an investment that will pay him $10,000, $20,000. 18,000, and $12.000 over the next four years, respectively. If Billy Bob expects to earn 7% compounded annually, how much did he pay for his investment

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