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What is the present value of $7,020 due 8 periods hence, discounted at 6%? (Round factor values to 5 decimal places, e.g. 1.25124 and final

What is the present value of $7,020 due 8 periods hence, discounted at 6\%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581

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