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Les Moore retired as president of Goodman Snack Foods Company but is currently on a consulting contract for $ 3 5 , 0 0 0

Les Moore retired as president of Goodman Snack Foods Company but is currently on a consulting contract for $35,000 per year for the next 10 years.
a. If Mr. Moores opportunity cost (potential return) is 10 percent, what is the present value of his consulting contract? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

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