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QUESTION 17 Claire receives $3,000 at the beginning of each year. Steve receives $3,000 at the end of each year. Both Claire and Steve will

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QUESTION 17 Claire receives $3,000 at the beginning of each year. Steve receives $3,000 at the end of each year. Both Claire and Steve will receive payments for next five years. At a discount rate of 6%, what is the difference in the present value of these two sets of payments? [Enter your answer to the nearest USD. Do not use a dollar sign or commas to separate thousands, just enter the number] Bay Milling, Inc. has $20,865 of raw materials inventory at the end of March. The company's anticipated sales for April and May will include raw materials costing $32,100 and $35,400, respectively. Bay Milling has a policy of carrying monthly opening raw materials inventory equal to 65% of what is built into the expected sales for the month. What raw materials purchases is the company expecting to- make in April? [Enter your answer to the nearest USD. Do not use a dollar sign or commas to separate thousands, just enter the number]

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