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You are offered an investment that will pay you $1,200 in 2 years, $800 in 3 years, and $1,000 in 4 years. You can earn

You are offered an investment that will pay you $1,200 in 2 years, $800 in 3 years, and $1,000 in 4 years. You can earn 8 percent on very similar investments. What is the most you should pay for this one (How much is this investment worth)? (please round your answer to two decimal points) Answer:
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You are offered an investment that will pay you $1,200 in 2 years, $800 in 3 years, and $1,000 in 4 years. You can earn 8 percent on very similar investments. What is the most you should pay for this one (How much is this investment worth)? (please round your answer to two decimal points)

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