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Your company will generate $75,000 in annual revenue each year for the next seven years from a new information database. If the appropriate discount rate

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Your company will generate $75,000 in annual revenue each year for the next seven years from a new information database. If the appropriate discount rate is 7.50 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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