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Your company will generate $68,000 in annual revenue each year for the next seven years from a new information database. If the appropriate interest rate

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Your company will generate $68,000 in annual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5%, what is the present value of the savings? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) Present value

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