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Question: Simple NPV Rajgopal Company expects to receive $600 at the end of each of the next 3 years and an additional $3,500 at the end of the third year. Therefore, the total payments will be $5,300. What is the NPV of the payments at an interest rate of 4%? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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