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Salvatore has the opportunity to invest in a scheme which will pay $5000 at the end of each of the next 5 years. He must invest $10,000 at the start of the first year and an additional $10,000 at the end of the first year. What is the present value of this investment if the interest rate is 4%?
Complex Grammar
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Sentences in which the subject is the recipient of the action, rather than the doer, often shifting focus from the actor to the action or object.
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