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What is the present value of $ 7 , 5 2 4 payable at the end of 4 years? Use a nominal rate ( monthly

What is the present value of $7,524 payable at the end of 4 years? Use a nominal rate (monthly compounding) of 5.36%. SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND TO 2 DECIMAL PLACES AT THE END.
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