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Find pv of 3000 deposit in year 1

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Reference no: EM132485129

Problem: Find PV of $3000 deposit in year 1 and another $5,500 deposit at the end of year 5 using 9% interest rate. Investment is 6 years long.

Enter the total in your answer. (PV1 + PV2)

Round your answer to two decimals.

Reference no: EM132485129

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