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What is the present value today of $40,000 due on after 4 years and discounted at 11% compounded semiannually? $

  1. What is the present value today of $40,000 due on after 4 years and discounted at 11% compounded semiannually? $  
  2. What is the present value today of $50,000 due on after 4 years and discounted at 16% compounded quarterly?    $  
  3. Round your answers to two decimal places.  Show work

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"FIRST15"

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