Question: Problem 4 > Intro Your favorite aunt has promised to help you with your school expenses by giving you $1,000 in one year. The appropriate

Problem 4 > Intro Your favorite aunt has promised to help you with your school expenses by giving you $1,000 in one year. The appropriate interest rate is 14%. Part 1 18 - Attempt 1/5 for 10 pts. You wonder how much your aunt's promise is worth. What is the value in current dollar terms of the $1,000 promised for next year? 0+ decimals Submit

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