You are paying a series of five constant-dollar or, Business Economics

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You are paying a series of five constant-dollar or

You are paying a series of five constant-dollar (or real-dollar) uniform payments of $715.48 beginning at the end of first year. Assume that the general inflation rate is 32.53% and the market interest rate is 32.53% during this inflationary period. The equivalent present worth of the project is:

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