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You are given investment to analyze. the cash flows from this investment are End of Year 1. $28,790 2. $2,500 3.$25,850 4. $8,300 5. $8,230

You are given investment to analyze. the cash flows from this investment are

End of Year

1. $28,790

2. $2,500

3.$25,850

4. $8,300

5. $8,230

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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