Find the present value and the compound discount of $$5499\mathrm{.}41$ due $7$ years from now if money is worth $3\mathrm{.}2\%$ compounded annually.

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Part $1$

The present value of the money is $

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$($Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.$)$

Part $2$

The compound discount is $

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