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You are given an investment to analyze. The cash flows from this investment are End of year 1. $16,460 2. $1,520 3. $13,480 4. $20,000

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You are given an investment to analyze. The cash flows from this investment are End of year 1. $16,460 2. $1,520 3. $13,480 4. $20,000 5. $3,300 What is the present value of this investment if 15 percent per year is the appropriate discount rate? Round the answer to two decimal places

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