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How much should you be willing to pay for a hump sum of $14,0005 years from now if you can eam 5% every six months

How much should you be willing to pay for a hump sum of $14,0005 years from now if you can eam 5% every six months on other similar investments? The amount you should be willing to pay, PV, is 5 (Round to the nearest cent.)

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