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Calculate the present value for the following. Present ValueNominal Interest Rate: 4 . 2 % Compounding Frequency: monthlyTime in Years: 7 Future Value: $ 1

Calculate the present value for the following. Present ValueNominal Interest Rate:

4.2 %

Compounding Frequency: monthlyTime in Years:

7

Future Value: $

16983

Round the answers to the nearest cent.

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