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A person owes R 1,000 due at the end of 18 months and R 1,500 due at the end of 4 years. If money earns

A person owes R 1,000 due at the end of 18 months and R 1,500 due at the end of 4 years. If money earns 6% compounded semi-annually. The present value of this obligation is

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