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show me the steps how to slove the problem with calculate also without calculater 26 Derek has the opportunity to buy a money machine today.

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show me the steps how to slove the problem with calculate also without calculater

26 Derek has the opportunity to buy a money machine today. The money machine will pay Derek $10,984.00 exactly 10.00 years from today. Assuming that Derek believes the appropriate discount rate is 8.00%, how much is he willing to pay for this money machine? Submit Answer format: Currency: Round to: 2 decimal places

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