What is the present value the payments

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If the opportunity cost is 7.5 percent, what is the present value of an investment that pays $500 at the end of this year, $400 at the end of the next year, and $300 at the end of the following year? What is the present value if the payments are made at the beginning of each year? Please show hand written work with formulas.

Reference no: EM131853664

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