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Susan and Bob are saving to buy a car at the end of six years. The car costs $30,000 and they can earn 8% a
Susan and Bob are saving to buy a car at the end of six years. The car costs $30,000 and they can earn 8% a year on their savings. What is the present value today of the car price at the end of six years? (sample answer: 13256.67)
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