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Mrs. Crawford will receive $7,000 a year for the next 16 years from her trust. Use Appendix D for an approximate answer, but calculate your

Mrs. Crawford will receive $7,000 a year for the next 16 years from her trust. Use Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. If a 11 percent interest rate is applied, what is the current value of the future payments?

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