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RWJ 6-5 FQ Your parents promise you a gift of $1,530 after 9 years. What is the present value of this gift assuming a

RWJ 6-5 FQ Your parents promise you a gift of $1,530 after 9 years. What is the present value of this gift assuming a discount rate of 4.7 percent, compounded quarterly. Pls do NOT include $ in your answer and round up to two decimal places.

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