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You are offered an investment that pays $4,000 at the end of its first year, $5,000 at the end of the following year and $3,000
You are offered an investment that pays $4,000 at the end of its first year, $5,000 at the end of the following year and $3,000 in its last year.If interest rates are 4%, compounded annually, what is the value of that investment today?
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