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Joey will receive $300 at the end of year 1, $700 at the end of year 2, $100 at the end of year 3 and
Joey will receive $300 at the end of year 1, $700 at the end of year 2, $100 at the end of year 3 and $800 at the end of year 4. If the interest rate is 3 percent compounded yearly, the present value of this uneven cash flow stream is _____.
(Round the answer to the nearest whole dollar.)
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