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You are given an investment to analyze. The cash flows from this investment are: 1. $16,420 2.$ 1,290 3.18,240 4.17,790 5.$8,170 What is the present

You are given an investment to analyze. The cash flows from this investment are:

1. $16,420

2.$ 1,290

3.18,240

4.17,790

5.$8,170

What is the present value of this investment if 15 percent per year is the appropriate discount rate?

Round to two decimal places.

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