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A debt of $4755.01 is due September 1, 2021. What is the value of the obligation on September 1, 2015, if money is worth 5%

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A debt of $4755.01 is due September 1, 2021. What is the value of the obligation on September 1, 2015, if money is worth 5% compounded quarterly? The value of the obligation is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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