Question: Emma is working on a long - term consulting project. The company will pay her the following amounts over the next 3 years: Today: $

Emma is working on a long-term consulting project. The company will pay her the following amounts over the next 3 years:
Today: $68,000
1 Year from Today: $65,000
2 Years from Today: $52,000
3 Years from Today: $61,000
The current discount rate is 6%. What is the present value of Emma's compensation?

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