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Suppose you have inherited $ 2 , 0 0 0 from your aunt. However, you will not receive this until your aunt's estate is settled,
Suppose you have inherited $ from your aunt. However, you will not receive this until your aunt's estate is settled, which will take one year. If
the interest rate is percent, then what is the present value of your inheritance?
The present value PV of your inheritance to be received in one year is $
Enter your response rounded to two decimal places.
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