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Determine the present value of a debt of $8000 due in ten months if interest...

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Finance

Determine the present value of a debt of $8000 due in ten months if interest atimage

Determine the present value of a debt of $8000 due in ten months if interest at 521% is allowed. The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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