The value would be 28,000*(1-0.0725)*(1-0.0725)*(1-0.0725)*(1-0.0725)*(1-0.0725)
which is 28,000*0,9275
which equals 28,000*0.6863=$19,219
which is 28,000*0,9275
which equals 28,000*0.6863=$19,219
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