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2 . Mechanical Room Corp is expecting a deposit of $ 2 8 9 , 9 7 4 in 1 5 months. What is the

2 .

Mechanical Room Corp is expecting a deposit of $

289, 974

15

months. What is the present value of this single deposit using a discount rate of

9 %

APR compounded monthly?

Enter answer in dollars, rounded to the nearest dollar.

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