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Del Monty will receive the following payments at the end of the next three years: $ 2 1 , 0 0 0 , $ 2
Del Monty will receive the following payments at the end of the next three years: $$ and $ Then from the end of the th year through the end of the th year, he will receive an annuity of $ per year.
At a discount rate of percent, what is the present value of all three future benefits? Do not round intermediate calculations. Round your final answer to decimal places.
Present value of all future benefits
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