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Marion's grandfather's will established a trust that will pay her $3400 every three months for 11 years. The first payment will be made six years

Marion's grandfather's will established a trust that will pay her $3400 every three months for 11 years. The first payment will be made six years from now, when she turns 19. If money is worth 8.4% compounded quarterly, what is today's economic value of the bequest?

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