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Find the present value of $ 7 0 0 0 payable at the end of 4 years, if money may be invested at 6 %

Find the present value of $

7000

payable at the end of

4

years, if money may be invested at

6 %

with interest compounded continuously.

The present value of $

7000

is $

. (

Round to the nearest cent as needed.

)

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