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The bank offers the following investment project. What is the value today of $3,600 received at the end of each year for 7 years if

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The bank offers the following investment project. What is the value today of $3,600 received at the end of each year for 7 years if the first payment is paid at the end of year 3 and the discount rate is 12 percent? a. $16,429.52 b. $11,694.21 c. $17,860.57 d. $12,484.57 e. $13,097.52 w

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