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Assume you have just found out you are entitled to receive $116,000 in 18 years. If the interest rate is 16 percent, what should you

image text in transcribed Assume you have just found out you are entitled to receive $116,000 in 18 years. If the interest rate is 16 percent, what should you be willing to take today in exchange for the future payment? (Enter your onswer as a positlve number rounded to 2 declmal places.)

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