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A financial contract pays 2 0 0 monthly payments of $ 2 8 7 , starting on 8 1 ? 2 0 2 9 .

A financial contract pays 200 monthly payments of $287, starting on 81?2029. If your discount rate is 9%, what is the value of your contract on 51?2029?
$29,680
$38,584
$57,687
$57,400
$29,240
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