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A debt of $6377 28 is due November 1, 2023. What is the value of the obligation on February 1, 2016, if money is worth

A debt of $6377 28 is due November 1, 2023. What is the value of the obligation on February 1, 2016, if money is worth 7% compounded semi-annually? The value of the obligation is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)image text in transcribed

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