An investment will pay you 42000 in 12 years if the, Financial Management

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An investment will pay you 42000 in 12 years if the

An investment will pay you $42,000 in 12 years. If the appropriate discount rate is 6.9 percent compounded daily, what is the present value? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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