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Use the information in this table to find the present value of the payments. Required return Year Payment 3% 0 1 $20 $30 2

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Use the information in this table to find the present value of the payments. Required return Year Payment 3% 0 1 $20 $30 2 $40 What is the sum of the present value of the payments? Round your answer to the nearest penny (two decimal points) Do not use the dollar sign.

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