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a friend wants to borrow money from you. he states that he will pay you 3600 every 6 months for 11 years with the first

a friend wants to borrow money from you. he states that he will pay you 3600 every 6 months for 11 years with the first payment exactly 4 years and six months from today. the interest rate is an apr of 5.9 percent with semiannual compounding. what is the value of the payments today

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