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Your company will generate $ 6 6 , 0 0 0 in annual revenue each year for the next seven years from a new information

Your company will generate $66,000 in annual revenue each year for the next seven years from a new information database. If the appropriate discount rate is 8.50 percent, -what is the present value? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
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