E9-14 (Algo) Computing a Present Value LO 9-7 An investment will pay $21,900 at the...
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E9-14 (Algo) Computing a Present Value LO 9-7 An investment will pay $21,900 at the end of the first year, $31,900 at the end of the second year, and $51,900 at the end of the third year. (FV of $1. PV of $1. FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) Determine the present value of this investment using a 9% annual interest rate. (Round your answer to nearest whole dollar.) Prosent value of Investment
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