Question: The answer above is NOT correct. (1 point) (Exercise 1.19) It is known that an investment of $700 will increase to $8000 at the end

The answer above is NOT correct. (1 point) (Exercise 1.19) It

The answer above is NOT correct. (1 point) (Exercise 1.19) It is known that an investment of $700 will increase to $8000 at the end of 20 years. Find the sum of the present values of three payments of $20000 each which will occur at the end of 10, 35, and 60 years. Answer = $ 6210

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