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Your settlement calls for three payments of cash in the amounts of $142 paid one year from today, $58 two years from today, and finally,

Your settlement calls for three payments of cash in the amounts of $142 paid one year from today, $58 two years from today, and finally, $33 three years from today.

Assume the discount rate is 9.6%, what is the fair and present value of this lease?

Skip the $ sign and answer to the nearest penny.

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