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Phil Goode will receive $106,000 in 18 years. His friends are very jealous of him. If the funds are discounted back at a rate
Phil Goode will receive $106,000 in 18 years. His friends are very jealous of him. If the funds are discounted back at a rate of 19 percent, what is the present value of his future "pot of gold"? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value
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