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8. 10.00 points An investment will pay you 588,000 in six years. Assume the appropriate discount rate is 8 percent compounded daily What is the

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8. 10.00 points An investment will pay you 588,000 in six years. Assume the appropriate discount rate is 8 percent compounded daily What is the present value? (Do not round intermediate calculations and round your answer to 2 decimal places, 0.0.32.16. Use 365 days in a year) Present value References Worksheet Learning Objective: 05-04 Explain how interest rates are quoted (and

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