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(1 point) (Exercise 3.17) Find the present value on Mach 1 of an annuity which pays $3000 every two months for 7 years. The first

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(1 point) (Exercise 3.17) Find the present value on Mach 1 of an annuity which pays $3000 every two months for 7 years. The first payment is due on the coming April 1 and the rate of interest is 8% convertible once every fwo months. ANSWER =$

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