Question: Two years from now, a client will receive the first of three annual payments of $20,000 from a small business project. If she can earn

Two years from now, a client will receive the first of three annual payments of $20,000 from a

small business project. If she can earn 9 percent annually on her investments and plans to retire

in six years, how much will the three business project payments be worth at the time of her

retirement?

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