Question: 1-Problem 4-11 Present Value (LG4-4) What is the present value of a $1,350 payment made in seven years when the discount rate is 9 percent?

1-Problem 4-11 Present Value (LG4-4) What is the present value of a $1,350 payment made in seven years when the discount rate is 9 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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