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An investment will pay you $88.000 in six years. Assume the appropriate discount rate is 8 percent compounded daily. What is the present value? Note:

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An investment will pay you $88.000 in six years. Assume the appropriate discount rate is 8 percent compounded daily. What is the present value? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.9., 32.16. Use 365 days in o year

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