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5-7 (similar to) IE Question Help Suppose the interest rate is 70% APR with monthly compounding What is the present value of an unuly that

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5-7 (similar to) IE Question Help Suppose the interest rate is 70% APR with monthly compounding What is the present value of an unuly that pay $85 every as mantha for five years? (Now: Be careful not to round any intermediate stop loss the six decimal places) The present value of the nuty is $). (Round to the nearest cont.)

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