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Problem 4-11 Present Value (LG44) What is the present value of a $1,350 payment made in seven years when the discount rate is 9 percent?

Problem 4-11 Present Value (LG44) What is the present value of a $1,350 payment made in seven years when the discount rate is 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value

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