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You are considering an investment that will pay you $ 1 , 3 9 0 in one year, $ 2 , 3 0 0 in

 You are considering an investment that will pay you $1,390 in one year, $2,300 in two years and $3,661 in three years. If you want to earn 12% on your money, how much will you be willing to pay?

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