What is the present value of this investment if 5 percent, Financial Management

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What is the present value of this investment if 5 percent

You are given an investment to analyze. The cash flows from this investment are

End of year

1. $21,780

2. $1,760

3. $5,500

4. $5,900

5. $2,130

What is the present value of this investment if 5 percent per year is the appropriate discount rate?

Round the answer to two decimal places.

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