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2 - F . An investment earns an annual rate of 1 1 . 5 % compounded every quarter and pays you $ 1 ,

2-F. An investment earns an annual rate of 11.5% compounded every quarter and pays you $1,163 after two years. What is its present value?
2-G. Wendy G. is to receive $1,351 from an inheritance in three and a half years. If the appropriate discount rate is 8.4% compounded every quarter, what is the present value of the inheritance?
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