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Compute the present value for the following: An investment that will pay you $1,000 in one year, another $1,000 in two years, and a third
Compute the present value for the following:
An investment that will pay you $1,000 in one year, another $1,000 in two years, and a third payment of $1,000 in three years (e.g., three payments of $1,000 to be paid once a year for three years). The discount rate is 4%.
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