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Check my work John has an investment opportunity that promises to pay him $19,000 in four years. He could earn a 6% annual re
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Answer #1

Using formula Today investment = Future value x (1/(1+r)^n) = 19,000 X (1/(1+6%)^4) = 19,000 x 0.792094 = 15,049.79 (or) Usin

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