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please answer with all decimal places. You decide to do a five-year program where you get both a four-year degree and an MBA. After your

please answer with all decimal places. image text in transcribed
You decide to do a five-year program where you get both a four-year degree and an MBA. After your first day of class today, your grandmother (I really like writing questions about theoretical generous grandmothers) promises you $24,000 at the end of the five years. If the interest rate will be 2.4 percent over that period, what is the value of this promise now? Carefully follow all numeric directions. Round intermediate steps to four decimal places and final answers to two

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