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Juliettes small business has grown faster and been more profitable than she expected. An investor in her business is due to be paid $3,200 on
Juliettes small business has grown faster and been more profitable than she expected. An investor in her business is due to be paid $3,200 on December 31. How much should that investor be willing to accept as an early payment on March 15 of the same calendar year if money is worth 6.15%?
The investor should accept?
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