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A debt of $6291.77 is due October 1, 2022. What is the value of the obligation on January 1, 2015, if money is worth 4%

A debt of $6291.77 is due October 1, 2022. What is the value of the obligation on January 1, 2015, if money is worth 4% compounded semi-annually? (round intermediate values to 6 decimal places)

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