Question: You just signed a consulting contract that will pay you $ 2 7 , 0 0 0 , $ 3 1 , 0 0 0

You just signed a consulting contract that will pay you $27,000, $31,000, and $44,000 at the end of the next three years, respectively. What is the present value of this contract given a discount rate of 12.7 percent?

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