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What is the present value of $106,000 due 7 years from now discounted at 98 ? (For calculation purposes, use 5 decimal places as displayed

What is the present value of $106,000 due 7 years from now discounted at 98 ? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, eg. 52.75.) Present value

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