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In an account with an interest rate of 7.0% pa. but with daily compounding assume 365 days per year), what is the present value of

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In an account with an interest rate of 7.0% pa. but with daily compounding assume 365 days per year), what is the present value of the following cash flow stream? Year 1 2 3 4 5 6 7 8 9 Cash Flow 52,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 Enter your answer as a dollar amount rounded to 2 decimal places, but do not include the dollar sign or any commas in your answer. For example, record 513,294.287342 as 13294.29

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