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Find the present value and the compound discount of $7061.01 due 10 years from now if money is worth 5.5% compounded annually. W The present

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Find the present value and the compound discount of $7061.01 due 10 years from now if money is worth 5.5% compounded annually. W The present value of the money is $l:|. (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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