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Close Date: Sun, Nov 26,202311:59 PM Question 1 of 7 Nicholas...

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Accounting

Close Date: Sun, Nov 26,202311:59 PM
Question 1 of 7
Nicholas is required to pay Steven $7,000 today but he wishes to postpone the payment for 210 days. What amount should Steven be willing to accept from Nicholas in 210 days if he can earn 2.25% p.a. simple interest on his money?
Round to the nearest cent
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