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10 Poul Havik promised his grandson Jamie that he would give him $6.000 8 years from today for graduating from high school. Assume money is

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10 Poul Havik promised his grandson Jamie that he would give him $6.000 8 years from today for graduating from high school. Assume money is worth 6% interest compounded semiannually What is the present value of this $6,000? (Use the Table provided.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Present value

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