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You must choose betwen receiving $11,500 today or 7 annual payments of $2,000 a year beginning today. How much value is added or destroyed by

You must choose betwen receiving $11,500 today or 7 annual payments of $2,000 a year beginning today. How much value is added or destroyed by selecting the $2,000 annual payments instead of the $11,500? Assume the fair market discount rate is 7%

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