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In 17 years, Maggie Oaks is to receive $100,000 under the terms of a trust established by her grandparents. Assuming an interest rate of 5.4%,
In 17 years, Maggie Oaks is to receive $100,000 under the terms of a trust established by her grandparents. Assuming an interest rate of 5.4%, compounded continuously, what is the present value of Maggie's legacy?
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