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Carol is selling her small business and has just received an offer of $25,000 now plus year-end payments of $10,000 for each of the next

Carol is selling her small business and has just received an offer of $25,000 now plus year-end payments of $10,000 for each of the next 5 years.

Assuming an interest rate of 6.46% compounded annually (j1), calculate the value of the offer in today's dollars.

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