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19. Mohinder has financial obligations of $1000 due in 3 years and $2000 due in 51 years. He wishes to settle the obligations sooner with

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19. Mohinder has financial obligations of $1000 due in 3 years and $2000 due in 51 years. He wishes to settle the obligations sooner with a single payment one year from now. If money is worth 2.75% compounded semiannually, what amount should the payee be willing to accept

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