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Posted on Sep 20, 2024

You are considering an investment that will pay you $ 1 , 5 6 3 in one year, $ 2 , 9 4 6 in

You are considering an investment that will pay you $

1, 563

in one year, $

2, 946

in two years and $

3, 823

in three years. If you want to earn

7 %

on your money, how much will you be willing to pay?

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