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#4 What is the value today of a money machine that will pay $4,398.00 per year for 28.00 years? Assume the first payment is made

#4 What is the value today of a money machine that will pay $4,398.00 per year for 28.00 years? Assume the first payment is made 9.00 years from today and 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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