An investment will pay $310 at the end of each of the next three years,...
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Finance
An investment will pay $310 at the end of each of the next three years, $430 at the end of Year 4, and $540 at the end of Year 5. If other investments of equal risk earn 8.9% annually, what is its present value?
$1,444.42
$1,776.64
$1,733.31
$1,574.42
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