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Sarah is thinking about purchasing an investment from HiBond Investing. If she buys the investment, Sarah will receive $274 every three months for 17 years.
Sarah is thinking about purchasing an investment from HiBond Investing. If she buys the investment, Sarah will receive $274 every three months for 17 years. The first $274 payment will be made as soon as she purchases the investment. If Sarah's required rate of return is 3.6 percent, to the nearest dollar, how much should she be willing to pay for this investment
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