What is the present value of cash flow pattern

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You have been offered the opportunity to invest in a project that will pay $1455 per year at the end of years one through three and $12,550 per year at the end of years four and five.If the appropriate discount rate is 15.8 percent per year, What is the present value of this cash flow pattern.

Round to two decimal places

Reference no: EM131530371

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