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In 17 years, Anthony Beechwood is to receive $300,000 under the terms of a trust established by his grandparents. Assuming an interest rate of 5.8%,

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In 17 years, Anthony Beechwood is to receive $300,000 under the terms of a trust established by his grandparents. Assuming an interest rate of 5.8%, compounded continuously, what is the present value of Anthony's legacy? The present value of the legacy is $ (Round to the nearest cent as needed.)

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