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Prof. Romero has written a new song. She will receive $ 5 5 , 0 0 0 for the next ten ( 1 0 )

Prof. Romero has written a new song. She will receive $55,000 for the next ten (10) years as
payment. What is the present value of these payments if the discount rate is 13%?
(Round to the nearest penny.)

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