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the end of year 4 . Determine the present value of Jessica's policy if the interest rate is 4 % . $ Place your answer

the end of year

4 .

Determine the present value of Jessica's policy if the interest rate is

4 % .

Place your answer in dollars and cents. DO NOT USE A DOLLAR SIGN OR A COMMA IN YOUR ANSWER. Work your analysis using at least four decimal places of accuracy.

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