You are considering an investment that will pay $ 2 0 0 1 1 in 1 3 years If the interest rate is 1 2 6 7 , what is the most you should be willing to invest today

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You are considering an investment that will pay $ 2 0 0 1 1 in 1 3 years. If the interest rate is 1 2

You are considering an investment that will pay $

20011

13

years. If the interest rate is

12.67 %,

what is the most you should be willing to invest today?

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