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#7 What is the value today of a money machine that will pay $2,038.00 per year for 26.00 years? Assume the first payment is made

#7 What is the value today of a money machine that will pay $2,038.00 per year for 26.00 years? Assume the first payment is made 6.00 years from today and the interest rate is 11.00%.

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