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On January 1, 2021, you are considering making an investment that will pay three annual payments of $10,000. The first payment is not expected until

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On January 1, 2021, you are considering making an investment that will pay three annual payments of $10,000. The first payment is not expected until December 31 2024. You are eager to earn 3%. What is the present value of the investment on January 1, 2021

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