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Question 5 3 pts Consider a lump sum of $13,000 to be received 8 years from now (t=8). What is its present value today at

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Question 5 3 pts Consider a lump sum of $13,000 to be received 8 years from now (t=8). What is its present value today at an expected return of 8% per year? Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g., for $12,345.67, type 12345.67)

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