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#9 What is the value today of a money machine that will pay $2,937.00 per year for 13.00 years? Assume the first payment is made

#9 What is the value today of a money machine that will pay $2,937.00 per year for 13.00 years? Assume the first payment is made today and that there are 13.0 total payments. The interest rate is 5.00%.

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