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Assume the real rate of interest is 4.00% and the inflation rate is 6.00%. What is the value today of receiving 11,413.00 in 9.00 years?

Assume the real rate of interest is 4.00% and the inflation rate is 6.00%. What is the value today of receiving 11,413.00 in 9.00 years? round answer to 2 decimal places

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