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You have just won a lottery that will pay you $4,000 exactly four years from today, $7,000 exactly seven years from today, and $10,000 exactly

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You have just won a lottery that will pay you $4,000 exactly four years from today, $7,000 exactly seven years from today, and $10,000 exactly eight years from today. If the interest rate is 5% per year, compounded annually, what is the value of this lottery today (in time t=0 dollars)

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