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QUESTION #8 [3 marks] A debt of $6217.02 is due November 1,2021. What is the value of the obligation on August 1,2016, if money is

QUESTION #8 [3 marks] A debt of $6217.02 is due November 1,2021. What is the value of the obligation on August 1,2016, if money is worth 6 % compounded quarterly

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