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An investment will pay you $42,000 over 12 years.If the appropriate discount rate is 6.9 percent compound daily, what is the present value? (Use

An investment will pay you $42,000 over 12 years. If the appropriate discount rate is 6.9 percent compound daily, what is the present value?

(Use 365 days a year. Do not round up intermediate calculations and round your answer to 2 decimal places, eg 32.16.)

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