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You invest $1,000 in a project today. The project will generate a one-time cash flow of $3450 five years from now. If the interest rate

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You invest $1,000 in a project today. The project will generate a one-time cash flow of $3450 five years from now. If the interest rate is 3%, what is the Net Present Value of the project? (Round to 2 decimal places)

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