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Investment X offers to pay you $4,814 per year for 13 years, whereas Investment Y offers to pay you $2,659 per year for 6
Investment X offers to pay you $4,814 per year for 13 years, whereas Investment Y offers to pay you $2,659 per year for 6 years. How much higher is the present value investment X if the discount rate is 9 percent? Round to nearest whole number.
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