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Posted on Mar 16, 2024

Bryli s grandma promised to give her $ 2 4 , 0 0 0 when she graduates from college five years from now. Assuming

Bryli

’

s grandma promised to give her $

24, 000

when she graduates from college five years from now. Assuming an interest rate of

10 %

annually, what is the value of Bryli

’

s gift right now?

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