[Solved] Maria expects to receive a payment of $40

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Maria expects to receive a payment of $40 comma 000 in 10 years. At a discount rate of 6%, what is the present value of

Maria expects to receive a payment of $40 comma 000 in 10 years. At a discount rate of 6%, what is the present value of this payment?

What is the present value of the payment?

$____(Round to the nearest cent.)

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