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help please!! i will like! Tatsuo has just been awarded a four-year scholarship to attend the university of his choice. The scholarship will pay $11,500

help please!! i will like! image text in transcribed
Tatsuo has just been awarded a four-year scholarship to attend the university of his choice. The scholarship will pay $11,500 each year for the next four years to reimburse normal school-related expenditures. Each $11,500 payment will be made at the end of the year, contingent on Tatsuo maintaining good grades in his classes for that year. Assuming an annual interest rate of 9.0%, determine the value today of receiving this scholarship if Tatsuo maintains good grades. (FV of \$1. PV of \$1. FVA of \$1, and PVA of \$1) (Use tables, Excel, or a financial calculator. Round your answer to 2 decimal places.)

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