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Dr. Davis will earn $28,000 for the next 6 years as payment for a new drug he participated in developing a. How much are his

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Dr. Davis will earn $28,000 for the next 6 years as payment for a new drug he participated in developing a. How much are his payments worth now if the interest rate is 17 percent? (Enter your answer as a whole number rounded to 2 decimal places.) b. Should he be willing to sell the future payments for $162,000 now? Yes No

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