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Mrs. Crawford will receive $7,500 a year for the next 18 years from her trust. Use Appendix D for an approximate answer, but calculate your

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Mrs. Crawford will receive $7,500 a year for the next 18 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? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value

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