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Mary wants to buy a bond that will mature to$6500in eight years. How much should she pay for the bond now if it earnsinterestat a

Mary wants to buy a bond that will mature to$6500in eight years. How much should she pay for the bond now if it earnsinterestat a rate of3.5%per year, compoundedcontinuously?

Do not round any intermediate computations, and round your answer to the nearest cent.

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