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#1 What is the value today of a money machine that will pay $4,391.00 per year for 17.00 years? Assume the first payment is made

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#1 What is the value today of a money machine that will pay $4,391.00 per year for 17.00 years? Assume the first payment is made today and that there are 17.0 total payments. The interest rate is 6.00%. Submit Answer format: Currency: Round to: 2 decimal places. unanswered not_submitted Attempts Remaining: Infinity

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