suppose you borrow $2000 for a period of 8 years. the interest rate is 6ompounded monthly. what is effect of compounding. make sure to round your answers to the nearest 100th decimal points.

Answers

Answer 1

The effect of compounding, in this case, increases the total amount owed by almost $1,046. The effect of compounding refers to how often the interest is added to the principal amount in a loan or investment.

In this case, since the interest rate is compounded monthly, the interest is added to the principal 12 times a year.

To calculate the total amount owed at the end of the 8-year period, we can use the formula:

A = P(1 + r/n)\(^{(nt)}\)

where A is the total amount owed, P is the principal amount borrowed, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the number of years.

Plugging in the given values, we get:

A = $2000(1 + 0.06/12)\(^{(12*8)}\)

A = $2000(1.005)⁹⁶

A = $3,045.73

So the effect of compounding, in this case, increases the total amount. This is because the interest is added more frequently than if it were compounded annually, resulting in more interest being earned on the loan.

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Related Questions

which factor makes a currency more attractive to investors
A low export rate
A low inflation rate
A low interest rate
A high rate of government debt

Answers

The correct answer is B. A low inflation rate! I hope this helps you!

Answer:

A low inflation rate

Explanation:

just took the quiz

How do I give administrator permission to a game?

Answers

Right-click the application's desktop icon, then choose Properties. Select Change settings for all on the Compatibility tab. Check the box next to "Run this software as administrator" under the "Privilege Level" section.

What is a game administrator?

In charge of the various administrative tasks not related to the game for all home games is a game administrator or manager (often the athletic director or principal). When the contest is being played, this person will be on duty. It is dangerous. The attacker obtains the keys to the castle if the programme developer has evil intentions or if the software package was infiltrated without his knowledge. Other malicious software may utilise this application's elevated privileges to harm your system or data if it manages to gain access to it.

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what is the meaning of form of business organization? don't spam​

Answers

Answer and Explanation:

A business organization is an entity that focused on carrying out the enterprise on commercial activity by giving the products or services in order to meet out the needs and wants of the customers.

Here are different types of business organization that includes sole proprietorship, general partnership, limited liability, corporation, etc and based on each form there are different tax liability, duties, responsibilities

An environment which is increasingly complex and turbulent displays
(A) More orderly competition
(B) More predictable demand
(C) A reduced risk of product obsolescence
(D) Increased speed of innovation​

Answers

An environment that is increasingly complex and turbulent displays an increased speed of innovation. This is because, in such an environment, companies need to constantly adapt and innovate to keep up with the changing demands and challenges.

Increased speed of innovation is displayed in an environment that is increasingly complex and turbulent. The complexity and turbulence of the environment often drive organizations to be more agile and responsive. This results in an increased speed of innovation as companies strive to develop new products, services, and business models to keep up with the dynamic environment and gain a competitive advantage.

The competition is likely to be less orderly and more unpredictable, and there may be a higher risk of product obsolescence due to rapidly changing consumer preferences and technological advancements. Therefore, innovation is key to staying ahead in such an environment.

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a key component of TQM is _____________________, an ongoing process through which employees strive to eliminate waste, reduce response time, minimize defects, and simplify the design and delivery of products and services to customers

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A key component of TQM, or Total Quality Management, is continuous improvement.

This involves an ongoing process through which employees strive to eliminate waste, reduce response time, minimize defects, and simplify the design and delivery of products and services to customers.

Continuous improvement is a systematic and structured approach to identifying areas for improvement, implementing changes, and measuring the results to ensure that the desired improvements are achieved.

It is a key principle of TQM, which emphasizes the importance of a customer-focused culture of quality and continuous improvement in achieving organizational success.

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In a buying center, the decider is the person who actually negotiates a purchase. T/F

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False. The decider in a buying center is the person who ultimately makes the final decision on whether to approve or reject a purchase. The negotiator is typically the person who handles the actual bargaining and contractual aspects of the purchase.
In a buying center, the decider is the person who makes the final decision on whether to purchase a product or service, not the person who negotiates the purchase. The negotiator is a separate role, responsible for working out the terms and conditions of the purchase.

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an apartment building must have a resident property manager if the building has

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An apartment building must have a resident property manager if the building requires on-site management for tasks such as property maintenance, tenant relations, and compliance with regulations.

An apartment building must have a resident property manager if the building has specific requirements or regulations that necessitate on-site management, such as maintaining the property, addressing tenant concerns, coordinating repairs and maintenance, ensuring compliance with local laws and regulations, and handling day-to-day operations.

Having a resident property manager offers several benefits for both the property owner and the tenants. The property manager can handle tenant screening and selection, lease agreements, rent collection, and tenant relations, ensuring a smooth and efficient rental process.

They can also address maintenance issues promptly, ensuring that the building is well-maintained and tenants' needs are met.

Additionally, a resident property manager can act as a point of contact for emergencies, security concerns, and general inquiries, providing a sense of security and convenience for the residents. They can also enforce property rules and regulations, handle disputes or conflicts among tenants, and maintain a safe and comfortable living environment.

Having a resident property manager is especially crucial for larger apartment buildings or complexes with a significant number of units. The scale and complexity of managing such properties require an on-site manager who can oversee the various tasks and responsibilities involved.

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In your opinion, why is Amazon so dominant and do you think any
competitor can beat them in the future?

Answers

Amazon is dominant for several reasons. First, they have built a massive infrastructure and logistics network that enables efficient and speedy delivery of products.

Their Prime membership program offers a wide range of benefits, including fast shipping and access to various services like streaming content. Amazon has diversified its business by expanding into cloud computing (Amazon Web Services) and smart devices (Echo devices with Alexa). This has allowed them to tap into different markets and generate additional revenue streams. While competition exists, Amazon's strong brand, customer loyalty, and continuous innovation make it challenging for any single competitor to surpass them in the near future. Amazon's dominance can be attributed to their extensive infrastructure, Prime membership program, and diversification into cloud computing and smart devices. While competitors exist, Amazon's brand strength, customer loyalty, and continuous innovation make it difficult for any single competitor to overthrow them in the foreseeable future.

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For each of the following task environment properties, rank the example task environments from most to least according to how well the environment satisfies the property. Lay out any assumptions you make to reach your conclusions.
a. Fully Observable: driving; document classification; tutoring a high-school student in calculus; skin cancer diagnosis from images.
b. Continuous: driving; spoken conversation; written conversation; climate engineering by stratospheric aerosol injection.
c. Stochastic: driving; sudoku; poker; soccer.
d. Static: chat room; checkers; tax planning; tennis

Answers

The fully observable category can include skin cancer diagnosis, continuous category can include spoken conversation, stochastic category includes driving, solving sudoku and static category includes chatroom or tennis ground etc.

a. Fully Observable:

Document classification: Assuming the task involves analyzing textual content, document classification is highly likely to be fully observable as all the necessary information is typically available within the document itself.

Skin cancer diagnosis from images: While some information might be hidden beneath the surface or require specialized tools, the task environment is still relatively observable as the images provide visual cues for diagnosis.

Tutoring a high-school student in calculus: The environment is partially observable as the tutor needs to gauge the student's understanding and progress through interaction, which might involve assessing the student's grasp through questions and problem-solving.

Driving: The task of driving is subject to various factors and conditions (e.g., blind spots, weather conditions, unexpected events) that make it less observable compared to the other examples. The driver must actively perceive and interpret the environment to make informed decisions.

Assumptions: For tutoring calculus, it's assumed that the tutor can observe the student's work, responses, and body language to gauge their understanding. For skin cancer diagnosis, it's assumed that the images provide sufficient visual information for diagnosis.

b. Continuous:

Driving: The act of driving involves continuous control and adjustment of various parameters such as steering, acceleration, and braking.

Climate engineering by stratospheric aerosol injection: The process of climate engineering likely involves continuous monitoring and adjustment of aerosol injection systems to achieve desired atmospheric conditions.

Spoken conversation: While there may be brief pauses or interruptions, spoken conversations generally involve continuous flow of speech and interaction between participants.

Written conversation: Written conversations, such as email exchanges or messaging, are typically not continuous as they are asynchronous and involve separate messages with delays between them.

c. Stochastic:

Poker: Poker involves inherent uncertainty due to hidden cards, unpredictable opponent strategies, and randomness introduced through card shuffling and dealing.

Soccer: The outcome of a soccer match can be influenced by numerous stochastic factors, including player actions, ball movement, and external conditions.

Sudoku: While the initial puzzle setup is deterministic, the process of solving Sudoku involves making uncertain choices, trying different possibilities, and relying on deduction to reach a solution.

Driving: While driving is influenced by external factors like traffic, weather, and road conditions, it is generally less stochastic compared to the other examples since the actions of other drivers can often be anticipated to some extent.

d. Static:

Tax planning: Tax planning involves dealing with established rules, regulations, and financial data, which can be considered static in nature.

Checkers: Once the checkers game starts, the positions of the pieces remain fixed until players make their moves, resulting in a relatively static environment.

Chat room: While the content of conversations in a chat room may change, the fundamental structure and rules of the chat room environment typically remain static.

Tennis: Tennis is a dynamic sport with constant movement and changes in ball position, player positions, and court conditions, making it the least static environment among the examples.

The fully observable category can include skin cancer diagnosis, continuous category can include spoken conversation, stochastic category includes driving, solving sudoku and static category includes chatroom or tennis ground etc.

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1. Compare and contrast brokers and agents with merchant wholesalers. 2. Discuss the major public relations tools and the roles played by the internet and social media. 3. Find three examples of advertisements that incorporate socially responsible marketing in their messages. Some companies are criticized for exploring social issues or organizations by promoting them for their own gain. Do the examples you found do that

Answers

Answer:

One is owner and the other provides services.

Explanation:

The main difference between brokers and merchant wholesalers is that Merchant wholesalers buy products from manufacturers and sell to other shopkeepers while on the other hand, Agents and brokers are the people who provide buying and selling services. between sellers and buyers as they receive commissions according to their sales and don't buy products directly from manufacturer. Interaction between people, communication and education are the major roles played by the internet and social media.

I don’t understand this and need help

I dont understand this and need help

Answers

I think tools, design, and materials

What are the costs and benefits to employers of being responsive to the applicant's perspective throughout the selection process?

Answers

Answer:

Selection Process is the process of finding the best fit applicant for any position in an organization.

The benefits to employees for being responsive to the applicant's perspective  throughout the selection process are:

a. It helps employers to understand the mindset of the applicant. Knowing the pulse(thinking process) of an applicant is very important.

b. It helps employers to select the right applicant.

c. It keeps them in good terms with the applicants. Even if an applicant does not get selected, he will not file a suit on the employer.  

The cost to employees for being responsive to the applicant's perspective  throughout the selection process are:

a. Being responsive to applicant will increases the chances of applicant misusing it. Which could be costly to employer.

b. Taking care of needs of the applicant's who come for interview is a cost to the company.

c. It takes lot of time and resources for the selection process per applicant which is a cost to the company.

Your variable annuity charges administrative fees at an annual rate of 0.12 percent of account value. Your average account value during the year is $200,000. What is the administrative fee for the year

Answers

Administrative fee = Average account value × Expense rate
= $50,000 × 0.0015 = $75

What percentage of the world's intake of
calories is derived from plants?
A. 88%
B. 74%
C. 62%
D. 48%

Answers

Answer:

A

Explanation:

Just 15 crop plants provide 90 percent of the world's food energy intake, with three rice, maize and wheat - making up two-thirds of this.

Source: https://www.fao.org/3/u8480e/u8480e07.htm

An architect’s functions may include which of the following? (SELECT ALL THAT APPLY.)

-planning and designing houses, commercial buildings, and other structures
-ensuring worksite safety
-collaborating with engineers
-acting as a construction manager and supervising contractors

Answers

The answer is a b and d

Answer:

the answer is planning, ensuring, and acting

An instrument used to enlarge or reduce a map is known as​

Answers

Answer:

pantograph

Explanation:

you can use a pantograph to do this.

explain the correlation between human capital education and income and how will this influence your career choice

Answers

lett mee gooogle thatt

carrying amount of a machine is $ 40,000 (historical cost less depreciation). the machine is expected to generate $10,000 net cash inflow. the net realisable value(or net selling price) of the machine on current date is $ 35,000. the enterprise's required earning rate is 10% per year. the enterprise can either use the machine to earn $10,000 for 5 years. this is equivalent of receiving present value of $ 10,000 for 5 years at discounting rate 10% on current date. the asset is currently overstated by __

Answers

The carrying value of the machine is not overstated if the company uses it for the next five years. If the company decides to sell the machine, the asset is overstated by $5,103.28.

The carrying amount of a machine is $40,000 (historical cost less depreciation).

The machine is expected to generate a $10,000 net cash inflow.

The net realizable value (or net selling price) of the machine on the current date is $35,000.

The enterprise's required earning rate is 10% per year. The enterprise can either use the machine to earn $10,000 for 5 years. This is equivalent to receiving a present value of $10,000 for 5 years at a discounting rate of 10% on the current date.

The company can either use the machine for the next five years to generate $10,000 each year or sell the machine for $35,000. The present value of cash inflows for the next five years will be determined in order to determine whether the asset's carrying value is overstated or not.

The present value of $10,000 cash inflows for five years at a discount rate of 10% will be $38,196.72. If the company chooses to use the machine for the next five years, it will be able to generate $38,196.72 in net cash inflows by investing $40,000 (carrying amount of the asset).

Therefore, the carrying value of the machine is not overstated if the company uses it for the next five years. If the company decides to sell the machine, the asset is overstated by

$5,103.28 ($40,000 - $34,896.72).

Hence, the asset is currently overstated by $5,103.28.

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cochran corporation, inc. has the following income statement (in millions): using vertical analysis, what percentage is assigned to cost of goods sold? question 2 options: 1) 37% 2) 63% 3) 100% 4) 50%

Answers

To determine the percentage assigned to cost of goods sold using vertical analysis, we need to divide the cost of goods sold by the total revenue and multiply by 100.

However, the income statement provided does not include the amount for cost of goods sold. Without that information, we cannot calculate the percentage assigned to cost of goods sold. To answer your question about Cochran Corporation, Inc.'s income statement, we need the financial figures related to the cost of goods sold and total revenue. However, you have not provided these numbers. Please provide the relevant financial information, and I'll be happy to help you calculate the percentage for cost of goods sold using vertical analysis.

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Directions: choose 1 business establishment here in phillipines and make a simple research on how they started their business. how many years in the business? where is the business located? what are the product or services they offer?

Answers

The most well-known eatery in the Philippines is thought to be Casa Roces.A brief study indicates that Casa Roces is currently the most well-liked restaurant in the Philippines.

Given that the Philippines was once a Spanish colony and that Spanish culture is still quite prevalent in the region, it makes perfect sense that it is located in Manila and is a Spanish restaurant.Magellan contributed to the propagation of the Roman Catholic faith in the Philippines. Native Americans were converted on support of Spanish sovereignty.

Native American chiefs agreed in large numbers to become Christians. Lapu-Lapu, one of the chieftains, opposed the conversion, which sparked a war and resulted in Magellan’s death from wounds caused by poisoned arrows.Sudsud, the first game, features a rectangle Pattern with drawn columns and lines On the floor. Players each live in a modest apartment.Stones. Every column functions similarly to a level. Initially, you will hurl the stone at the first column, after which you move the stone with one foot while using the other.

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A person who works as a sales representative for a manufacturer or wholesaler and gets paid a commission on any sales is classified a(n):

Answers

A person who works as a sales representative for a manufacturer or wholesaler and gets paid a commission on any sales is classified an agent.

Who is an agent?

This is a person that is signed on to work on behalf of another person. This may be someone who helps to make decisions on behalf of the person that they represent.

Also a person that does business on behalf of another for the sake of commissions is an agent.

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The cost of renting a piece of equipment is $200 per day and the leasing cost is $5000 plus $100 per day. the breakeven cost between renting and leasing occurs at _____ days.

Answers

The cost of renting a piece of equipment is $200 per day and the leasing cost is $5000 plus $100 per day. The breakeven cost between renting and leasing occurs at 50 days.

the question is incomplete .please read below to find the missing content

The cost of renting a piece of equipment is $200 per day and the leasing cost is $5000 plus $100 per day. The breakeven cost between renting and leasing occurs at _____ days.

A. 30

B. 50

C. 100

D. 200

A lease is a contractual agreement requiring the user to pay the owner for the use of the asset. Land, buildings, and vehicles are shared assets that are leased. Industrial and office equipment is also leased. Generally, a tenancy agreement is a contract between the landlord and, the tenant.

A lease is a contract of terms under which one party agrees to lease an asset (in this case real estate) owned by another party. It guarantees the lessee, also called a tenant, the use of the property and in return guarantees the lessor (owner or landlord) regular payments for a certain period of time.

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Is debt finance the same as debt capital?

Answers

Answer:

no they are not the same hope this helps

What will be the end result for the taxpayer who filed his federal income tax return.

Answers

If your federal gross income was $12,950 or more and you're under 65, you must submit a single status tax return. If your federal gross income was $14,700 or more and you are 65 years of age or older, you must file.

What is the status of federal filing?

Determines the tax rate applied to income. Head of household, married filing jointly, married filing separately, single, and qualified widow(er) with dependent child are the five filing statuses. A tax year is the 12-month period of time that a tax return covers. The tax year for people in the US is from January 1 to December 31 and includes taxes due on income earned during that time. The Where's My Return? feature is the easiest method to find out if you've received a tax refund. After receiving an e-filed return, taxpayers have 24 hours to start monitoring the status of their refund. After the return is processed and a refund is approved, the program also offers a customized refund date.

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Suppose that a manager is managing a portfolio whose benchmark is the Barclays Capital Intermediate Aggregate Index, which has duration of 4.68. Suppose the market value of the portfolio on March 31, 2018 was $48,559,815. The portfolio duration is 2.97. Suppose the portfolio manager seeks to follow a duration matched strategy and therefore the portfolio’s target duration is the benchmark duration.
Explain how this can be done with the buying or selling of a $100,000 5-year Treasury note futures contract at price $112.79, and dollar duration of $6022. Show all calculations.
(10 marks)

Answers

The portfolio manager should sell 1362 Treasury note futures contracts with a dollar value of $136,200,000 to achieve a duration match with the benchmark.

To implement a duration-matched strategy, the portfolio manager aims to adjust the portfolio's duration to match the benchmark duration. In this case, the benchmark duration is 4.68, while the portfolio duration is 2.97.

To calculate the change in portfolio duration, we can use the formula:

Change in Duration = (Portfolio Duration - Benchmark Duration) * Portfolio Value

Change in Duration = (2.97 - 4.68) * $48,559,815 = -$8,206,705.95

Now, let's calculate the number of Treasury note futures contracts required to offset this duration mismatch:

Number of Contracts = Change in Duration / Dollar Duration per Contract

Number of Contracts = -$8,206,705.95 / $6,022 = -1362.82

Since the number of contracts cannot be negative, the portfolio manager needs to sell 1362 contracts.

To calculate the dollar value of the futures contracts, we multiply the number of contracts by the contract size:

Dollar Value of Contracts = Number of Contracts * Contract Size

Dollar Value of Contracts = 1362 * $100,000 = $136,200,000

Therefore, the portfolio manager should sell 1362 Treasury note futures contracts with a dollar value of $136,200,000 to achieve a duration match with the benchmark.

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Which of the following was not one of Reagan's four major policy objectives during his presidency?

A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
D.reduce the rising taxes for middle-class citizens
E.reduce inflation by controlling growth of the money supply to reduce inflation ​

Answers

Answer: D.reduce the rising taxes for middle-class citizens

Explanation:

During the tenure of President Ronald Reegan when he was the president of the United States,he promoted some economic policies which were often referred to as Reaganomics.

These policies include:

A.reduce government regulation

B. reduce federal income tax and capital gains

C.reduce growth of government spending

E.reduce inflation by controlling growth of the money supply to reduce inflation ​

It should be noted that option D "reduce the rising taxes for middle-class citizens" isn't among the policies put forward by Reegan.

in high-income countries, many central banks run highly expansionary policies that are successful in the short run. what is the interest rate associated with these policies?

Answers

The interest rate associated with these policies is typically very low, close to zero. Central banks in high-income countries often employ near-zero or even negative interest rates in order to encourage borrowing and stimulate economic growth.

What does Intrest rate mean?

The percentage of a sum of money charged for its use, usually expressed as an annual percentage rate, is known as the interest rate. It is the interest rate charged by a bank or other lender for borrowing money, or the interest rate paid by a bank to its savings account customers for keeping money in an account.

What does Saving account means?

A savings account is a deposit account at a financial institution that offers principal protection as well as a low interest rate. The account holder can deposit and withdraw funds as needed while earning interest on the balance. Savings accounts are typically used to hold funds for short-term objectives.

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Which of the following is an example of a quantity quota? O A city sets a limit on the maximum rent that tenants pay. A city awards a construction firm a monopoly over all public housing construction. O A city imposes a tax on all people who move into the city. A city enforces zoning laws that restrict the number of housing units. Question 5 (1 point) Jorge sells a hammock for $85. His marginal cost for one hammock is $40, and his average cost is $50. What is Jorge's producer surplus on the sale of one hammock? -$5 $45 $35 $40 Question 19 (1 point) Which of the following statements is correct? The incidence of a tax is determined by the statutory burden of the tax. Taxes lead to shortages. Regardless of the statutory burden of a tax, the actual economic burden will depend on the relative elasticities of demand and supply. The economic burden of a quota is always equivalent to the economic burden of a tax.

Answers

Cities enforce zoning laws that limit the number of residential units. This is an example of a quantity quota.

A quantity quota is when a government regulates the number of units of goods within a particular zone. For example, zoning laws that limit the number of residential units are called volume quotas.

A policy of reducing quantities is called a quota, which is a government-imposed limit on the number of goods that can be bought or sold. If the government sets its 2 million barrel quota, both consumers and producers will have to cut consumption and production to that level.

Countries use quotas in international trade to regulate the amount of trade between them and other countries. Countries occasionally impose quotas on specific goods to lower imports and boost domestic manufacturing. Theoretically, quotas boost domestic production by lessening competition from other nations.

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klljhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

Answers

Answer:

lalalaallalalaaaaaaa

Explanation:

Answer:

KLLJHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHOPE THIS HELPS ......

speech about peer pressure​

Answers

Peer pressure is the notion of mutual friends coxing you into a rash situation and you, in a attempt to fit in, you agree to such a situation. This is bad and it’s practically impossible to avoid unless you care not for those opinions of those you hang around

Have a peer pressure filled day (jk btw lol)
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