You have been offered the opportunity to invest in a project which will pay $1,000 per year at the end of years one through 10 and $2,000 per year at the end of years 21 through 30.If the appropriate discount rate is 8%,what is the present value of this cash flow pattern?

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The Answer of You have been offered the opportunity to invest in a project which will pay $1,000 per year at the end of years one through 10 and $2,000 per year at the end of years 21 through 30.If the appropriate discount rate is 8%,what is the present value of this cash flow pattern?

You Have Been Offered the Opportunity to Invest in a Project