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Suppose you will receive payments of $ 1 8 , 0 0 0 at the beginning of the next 4 years ( i . e

Suppose you will receive payments of $18,000 at the beginning of the next 4 years (i.e., the first payment is today).What is the present value of all the payments? The interest rate is 9%
Enter your response below (rounded to 2 decimal places).

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