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Investment X offers to pay you $ 4 , 8 0 0 per year for nine years, whereas Investment Y offers to pay you $

Investment X offers to pay you $4,800 per year for nine years, whereas Investment Y offers to pay you $5,480 per year for five years. If the discount rate is 6 percent, by how much is the present value of X higher than that of Y?(Note: Be careful of the sign of the cash flow, and if the present value of X is lower than Y, input your answer as a negative number.).

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