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What is the present value (V0) of a $30,000 cash flow in Year 8 (n=8) using a discount rate of 4%? Report your answer rounded

What is the present value (V0) of a $30,000 cash flow in Year 8 (n=8) using a discount rate of 4%?

Report your answer rounded to the nearest whole number without a dollar sign or comma.

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