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please show steps as if im a child Question 6 (1 point) What is the present value of a lump sum, $279,000 in 11 years

please show steps as if im a child
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Question 6 (1 point) What is the present value of a lump sum, $279,000 in 11 years if the interest rate (discount rate) is 6.7 percent annually? (Round your answer to 2 decimal places. (e.g., 123,345,16))

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