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Blue berry travel advertises a premium vacation package to travel to Hawaii two years from now. the package requires you to pay $3,000 today, $2,500
Blue berry travel advertises a premium vacation package to travel to Hawaii two years from now. the package requires you to pay $3,000 today, $2,500 one year from today, and a final payment of $1,500 on the day you depart two years from today. What is the present value of the cost of this vacation if the discount rate is 6.75%?
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