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Evan Almighty will receive the following payments from ARK, inc. for selling his new boat design: $15,000, $20,000, and $25,000 at the end of the next 3 years. Then from the end of the fourth year to the end of the tenth year, he will receive an annuity of $30,000. At a discount rate of 6%, what is the PV of all future payments?

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