Question: john plans to deposit $ 1 , 0 0 0 , $ 2 , 0 0 0 , and $ 3 , 0 0 0

john plans to deposit $1,000, $2,000, and $3,000 at the end of 1st,3rd, and 5th years. Assume the account is compounded at 3.5% annually. What is the present value of this cash flow?

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