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A company will make $61,000 in annual revenue each year for the next seven years from a new investment. The interest rate of 6.75 percent

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A company will make $61,000 in annual revenue each year for the next seven years from a new investment. The interest rate of 6.75 percent per year is appropriate for investments of this risk. Calculate the present value. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Present value

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