Suppose that in exactly five years you will recieve a, Business Economics

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Suppose that in exactly five years you will recieve a

Suppose that in exactly five years you will recieve a one-time payment equal to $4,000. If the interest rate is 6 percent (compounded annually), approximately how much is this payment worth to you today? In other words, what is the "present value" of the future $4,000 payment?

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