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What is the present value of your trust fund (in whole dollar) if it promises to pay you $250,000 on your 35th birthday (10 years
What is the present value of your trust fund (in whole dollar) if it promises to pay you $250,000 on your 35th birthday (10 years from today) if quoted interest rate in APR is 8.5% and interests are compounded daily (assuming 365 days in a year)
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