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a farmer had a barn that was burned in a fire and had been built two years prior to the fire. the useful life of

a farmer had a barn that was burned in a fire and had been built two years prior to the fire. the useful life of the barn was 35 years, cost was $35,000, and salvage value is $0. if the insurance company is going to pay for the present value of the barn at the time of the fire, how much will the farmer receive? show your work.

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