Question: valuc: 1.50 points E9-14 Computing a Present Value LO9-7 An investment will pay $21,700 at the end of the first year, $31,700 at the end

valuc: 1.50 points E9-14 Computing a Present Value LO9-7 An investment

valuc: 1.50 points E9-14 Computing a Present Value LO9-7 An investment will pay $21,700 at the end of the first year, $31,700 at the end of the second year, and $51,700 at the end of the third year. (FV af $1. PV af $1, FVA of S1, and PVA of $1) (Use the appropriate factoris) from the tables provided.) Determino the present value of this nvestment using a 8% annual interest rate Round your answer to nearest whole dollar. Hints ReferenceseBook & Resources

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