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You are purchasing a car. You are scheduled to make 3 annual installments of $3,000 per year, starting at the end of this year. Given

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You are purchasing a car. You are scheduled to make 3 annual installments of $3,000 per year, starting at the end of this year. Given a rate of interest of 10%, what is the price you are paying for the car (i.e. what is the PV)

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