[Solved] Use the Following to Answer Questions
Use the following to answer questions
Present and future value tables of $1 at 3% are presented below:
-On January 1,2016,you are considering making an investment that will pay three annual payments of $10,000.The first payment is not expected until December 31,2018.You are eager to earn 3%.What is the present value of the investment on January 1,2016?
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