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E9-14 (Algo) Computing a Present Value LO 9.7 An Investment will pay $20,200 at the end of the first year, $30,200 at the end of

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E9-14 (Algo) Computing a Present Value LO 9.7 An Investment will pay $20,200 at the end of the first year, $30,200 at the end of the second year, and $50,200 at the end of the third year (EV of $1. PV of S1, FVA 0f $1, and PVA of $.1) (Use the appropriate factor(s) from the tables provided.) Determine the present value of this investment using a 8% annual interest rate. (Round your answer to nearest whole dollar) Present value of investment

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