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Time value of money: What is the value in 6 years of a lump sum of $585 paid if the compound rate is 12%? (Provide

Time value of money: What is the value in 6 years of a lump sum of $585 paid if the compound rate is 12%? (Provide your answers in dollars and round to two decimal places. E.g. if your answer is $123.456, enter $123.46)

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