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#3 What is the value today of a money machine that will pay $4,370.00 per year for 15.00 years? Assume the first payment is made

#3 What is the value today of a money machine that will pay $4,370.00 per year for 15.00 years? Assume the first payment is made 3.00 years from today and the interest rate is 11.00%. Submit Answer format: Currency: Round to: 2 decimal places

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