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A debt of $ 6 1 5 7 . 6 3 is due July 1 , 2 0 2 3 . What is the value

A debt of $6157.63 is due July 1,2023. What is the value of the obligation on July 1,2018, if money is worth 4% compounded annually?
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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