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An athlete signs a contract that guarantees a $14-million salary 5 yr from now. Assuming that money can be invasled at 5.5% with interest compounded

An athlete signs a contract that guarantees a $14-million salary 5 yr from now. Assuming that money can be invasled at 5.5% with interest compounded continuously. what is the present value of that year's salary? J \"D (Round to the nearest dollar as needed. Do not include the $ symbol in your answer.)

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