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What is the present value of the following payment stream, discounted at 8% annually: $1,000 at the end of year 1 and $2,000 at the
What is the present value of the following payment stream, discounted at 8% annually: $1,000 at the end of year 1 and $2,000 at the end of year 3 ?
$2,513.59
$2,640.60
$3,000.00
$1,500.45
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