What is the present value of this cash flow pattern

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You have been offered the opportunity to invest in a project that will pay $3,286 per year at the end of the year’s one through three and $14,969 per year at the end of years 4 and 5. If the appropriate discount rate is 6.65 percent per year, what is the present value of this cash flow pattern?

Round the answer to two decimal places

Reference no: EM13731513

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