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How much is this investment worth today

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Problem 1: An investment that will pay you $200 in one year, $400 in two years, $600 in three years, and $800 at the end of year four. You can earn 12% on similar investments. How much is this investment worth today?

Select one:

a.$1,496
b.$1,379
c.$1,382
d.$1,571
e.$1,433

Reference no: EM133005940

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