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A debt of $ 1 0 , 0 0 0 is carrying interest at 1 . 4 % ? year compounded semi - annually and

A debt of $10,000 is carrying interest at 1.4%? year compounded semi-annually and is due in 33 years. The market interest rates on such a debt are currently of 3.1%? year compounded monthly. Determine the present value of the debt.
(Enter the value only; do NOT add a $ sign.)
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