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Do not do any interim rounding, state your answer to 2 decimal places, do not label your answer ($, %, etc). Tensing Palmo expects to
Do not do any interim rounding, state your answer to 2 decimal places, do not label your answer ($, %, etc). Tensing Palmo expects to receive $4,250 on his birthday 3 years from now. He knows he could earn 2.10% on a 3-year investment. The present value of this money is: Do not do any interim rounding, state your answer to two decimal places, do not label the answer Drucilla Lopez just received $37,500 and plans to invest it for 7 years. The interest rate paid on a 7-year risk-free investment is 4.15%. The amount Drucilla expects to have in 7 years is
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