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Suppose you will receive payments of $ 2 , 0 0 0 , $ 8 , 0 0 0 , and $ 1 , 0

Suppose you will receive payments of $2,000, $8,000, and $1,000 in 1,6, and 8 year(s) from now, respectively. What is the total present value of this stream of payments if the interest rate is 8%?
Enter your response below rounded to 2 decimal places.

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