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Evaluate the present value of the investment

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An investment will pay $20,300 at the end of the first year, $30,300 at the end of the second year, and $50,300 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.)

Question 1: Determine the present value of this investment using a 10% annual interest rate. (Round your answer to nearest whole dollar.)

Reference no: EM132523102

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