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INVESTMENT END OF YEAR A B C 1 $14,000 $14,000 2 14,000 3 14,000 4 14,000 5 14,000 $14,000 6 14,000 70,000 7 14,000 8
INVESTMENT |
| |||
END OF YEAR | A | B | C | |
1 | $14,000 | $14,000 | ||
2 | 14,000 | |||
3 | 14,000 | |||
4 | 14,000 | |||
5 | 14,000 | $14,000 | ||
6 | 14,000 | 70,000 | ||
7 | 14,000 | |||
8 | 14,000 | |||
9 | 14,000 | |||
10 | 14,000 | 14,000 | ||
What is the present value of investment A at a 23 percent annual discount rate?
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