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Question - Baron deposits $5,900 at the beginning of 2010, then he makes a series of payments in the following years, as shown below.
Dates Payments
1/1/2010 $5,900
3/2/2010 $1,000
8/7/2010 $900
4/12/2011 $1,800
2/20/2012 $2,000
12/30/2012 $1,000
What is the net present value of this investment with a discount rate of 6%?
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