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Today is January 1, 2020. On the first day of the years 2021 to 2035, you will receive $15,000. If cash flows are discounted at

Today is January 1, 2020. On the first day of the years 2021 to 2035, you will receive $15,000. If cash flows are discounted at 12% per year, what is the present value of these cash flows (rounded to the nearest dollar)?

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