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You will receive a 5110,000 inheritance in 7 years. You could invest that money today at 7% compounded semi-annually. What is the present value of

You will receive a 5110,000 inheritance in 7 years. You could invest that money today at 7% compounded semi-annually. What is the present value of your inheritance? What is the present value of your inheritance? (Round to the nearest cont.)

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