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You are offered an investment that will pay you $200 in year 1, $400 in year 2, $600 in year 3 and $800 in year

You are offered an investment that will pay you $200 in year 1, $400 in year 2, $600 in year 3 and $800 in year 4.You can earn 10% per annum on very similar investment.Calculate the present value of this investment.

a.The present value of investment is $1660.56.

b.The present value of investment is $963.19.

c.The present value of investment is $1509.60.

d.The present value of investment is $2000

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