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You will receive $12000 over the next 4 years. You can expect a 12% interest rate. You will receive $6000 in year 1 and your

You will receive $12000 over the next 4 years. You can expect a 12% interest rate. You will receive $6000 in year 1 and your amount will decrease by $2000 each year. What is the present value of your money?

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