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What is the value today of receiving $5,250 at the end of four years, assuming an interest rate of 8% compounded semiannually? Note: Use tables,
What is the value today of receiving $5,250 at the end of four years, assuming an interest rate of 8% compounded semiannually?
Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (FV of $1, PV of $1, FVA of $1, and PVA of $1).
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