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You are offered an investment that will pay you $659, $442, $1,050, $1,228, $869, $1,299, $808, and $892 over the next eight years (one cash

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You are offered an investment that will pay you $659, $442, $1,050, $1,228, $869, $1,299, $808, and $892 over the next eight years (one cash payment per year). You require an 9.7% return on your investment. What is the most you would invest today? (In other words, what is the present value of this cash stream?) Round to the nearest cent

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