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Yolanda expects to get $30,000 every year for eight years, Thefhrst payment will be made immediately. She has some medical challenges and wants to get

  1. Yolanda expects to get $30,000 every year for eight years, Thefhrst payment will be made immediately. She has some medical challenges and wants to get all the money now. The prevailing interest rate is 6%. 

  2. How much money should she accept today?

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