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A debt of $3898.56 is due September 1, 2020. What is the value of the obligation on June 1, 2018, if money is worth 3%

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A debt of $3898.56 is due September 1, 2020. What is the value of the obligation on June 1, 2018, if money is worth 3% compounded quarterly? The value of the obligation is s (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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