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#8 What is the value today of a money machine that will pay $4,287.00 per year for 29.00 years? Assume the first payment is made

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#8 What is the value today of a money machine that will pay $4,287.00 per year for 29.00 years? Assume the first payment is made 9.00 years from today and the interest rate is 10.00%. unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places

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