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Martin has the opportunity to invest in a scheme which will pay $ 5 0 0 0 at the end of each of the next
Martin has the opportunity to invest in a scheme which will pay $ at the end of each of the next years. He must invest $ at the start of the first year and an additional $ at the end of the first year. What is the present value of this investment if the interest rate is
$
$
$
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