Question: What is the discounted value (present value), and compound discount (interest) of a debt of $55,600.00 due 4 years from now if interest is 2.15%

What is the discounted value (present value), and compound discount (interest) of a debt of $55,600.00 due 4 years from now if interest is 2.15% compounded quarterly? Round all answers to two decimal places if necessary. Compound Discount =$

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