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What is the present value of $5,281 payable at the end of 10 years? Use a nominal rate (monthly compounding) of 9.39%. SET YOUR CALCULATOR

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What is the present value of $5,281 payable at the end of 10 years? Use a nominal rate (monthly compounding) of 9.39%. SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND TO 2 DECIMAL PLACES AT THE END

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