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6. [-/1 Points] DETAILS SMITHNM13 11.1.025. Find the present value, using the present value formula and a calculator. (Round your answer to the nearest cent.)

6. [-/1 Points] DETAILS SMITHNM13 11.1.025. Find the present value, using the present value formula and a calculator. (Round your answer to the nearest cent.) Achieve $5,000 in three years at 3.5% simple interest. $

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