2. Economics
3. if the interest rate is 10 what is the present...

# Question: if the interest rate is 10 what is the present...

###### Question details

If the interest rate is 10%, what is the present value of a security that pays you $1,125 next year,$1210 the year after, and \$1339 the year after that?

Present value is ? (round your repsonse to the nearest penny)