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Linda Williams has been offered a future payment of $810 two years from now. If she can earn an annual rate of 8.10 percent, compounded
Linda Williams has been offered a future payment of $810 two years from now. If she can earn an annual rate of 8.10 percent, compounded daily, on her investment, what should she pay for this investment today? (If you solve this problem with algebra round intermediate calculations to 5 decimal places, in all cases round your final answer to the nearest penny.)
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