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A student is trying to value an internship opportunity for the upcoming summer. The internship will last three months and pay her $2,145.00 at the
A student is trying to value an internship opportunity for the upcoming summer. The internship will last three months and pay her $2,145.00 at the end of each month. She will also get a signing bonus at the beginning of the internship for $535.00. If the student values this opportunity with a 5.04% APR with monthly compounding, find the value to her today.
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