Question: E9-14 (Algo) Computing a Present Value LO 9-7 An investment will pay $21,500 at the end of the first year, $31,500 at the end of

E9-14 (Algo) Computing a Present Value LO 9-7 An investment will

E9-14 (Algo) Computing a Present Value LO 9-7 An investment will pay $21,500 at the end of the first year, $31,500 at the end of the second year, and $51,500 at the end of the third year. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) Determine the present value of this investment using a 10% annual interest rate. (Round your answer to nearest whole dollar.) Present value of investment

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