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What is the amount a person would have to deposit today (present value) at 14...

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Accounting

What is the amount a person would have to deposit today (present value) at 14 percent interest rate to have $7000 saved 16 years from now.

Use the appropriate Time Value of Money table [Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, OR Exhibit 1-D]

(Round your answer to the nearest whole number. Do not include the comma, period, and "$" sign in your response.)

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