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Assume your employer offers a bonus of $7400. The only catch is that you must wait 9 years to take possession of the money. If

Assume your employer offers a bonus of $7400. The only catch is that you must wait 9 years to take possession of the money. If you can earn 3% on your savings, what is the minimum you would take today in order to match the bonus? (Round answers to 0 decimal place, e.g. 5275.)

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