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You are given an investment to analyze

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You are given an investment to analyze. The cash flows from this investment are

End of year

1.  $9,730

2.  $2,040

3.  $2,960

4.  $27,860

5.  $1,880

What is the present value of this investment if 15 percent per year is the appropriate discount rate?

Round the answer to two decimal places.