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Marco’s aunt is retiring. To manage her income, she purchased an annuity that pays her $2000 every year for the next three years. What is the fair price of this annuity if the interest rate is 10%?
Enter a number with two decimal places, with no special characters like % or dollar signs, and no letters. For example, if the answer is $8.127, then enter 8.13; if the answer is $8, then enter 8.00. Do not enter any space before or after the number.
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