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#5 + What is the value today of a money machine that will pay $3,619.00 every six months for 16.00 years? Assume the first payment

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#5 + What is the value today of a money machine that will pay $3,619.00 every six months for 16.00 years? Assume the first payment is made 1.00 years from today and the interest rate is 13.00%. Submit Answer format: Currency: Round to: 2 decimal places. unanswered not_submitted Attempts Remaining: Infinity

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