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If the interest rate is 10%, what is the present value of a security that pays you $1,125 next year, $1,250 the year after, and

If the interest rate is 10%, what is the present value of a security that pays you $1,125 next year, $1,250 the year after, and $1,347 the year after that? Present value is $. (Round your response to the nearest penny.)

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