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Romano will receive a lump-sum payment of $2,350 in seven years. Assuming a discount rate of 2.5 percent interest, calculate the value of the payment

Romano will receive a lump-sum payment of $2,350 in seven years. Assuming a discount rate of 2.5 percent interest, calculate the value of the payment in Year 4? $2,236.76 $2,128.98 $1,976.97 $2,182.21

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