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Maria, who is now 51 years old, is employed by a firm that guarantees her a pension of $35,000/year at age 65. What is the
Maria, who is now 51 years old, is employed by a firm that guarantees her a pension of $35,000/year at age 65. What is the present value of her first year's pension if the inflation over the next 14 years is 2%/year compounded continuously? 3%/year compounded continuously? 5%/year compounded continuously? (Round your answers to the nearest cent.) at 2%/year $ at 3%/year $ at 5%/year $
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