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Using provided data, solve for present value. When calculating 1 ( 1 + 1 Y ) N , round your answer to four decimal places.

Using provided data, solve for present value. When calculating 1(1+1Y)N, round your answer to four decimal places. Use your rounded answer to calculate PV; enter PV rounded to the nearest dollar. When entering (1+1Y) into the formula, be sure to solve for (1+IY) and then enter the result rounded to two decimal places.
\table[[PV:,Facts],[FV:,$54,000
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