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A local moving service recently purchased a van by securing a loan with semiannual payments of $2800 per semiannual period for 7 years at 13%

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A local moving service recently purchased a van by securing a loan with semiannual payments of $2800 per semiannual period for 7 years at 13% per year compounded semiannually. What was the purchase price of this van? (Round your answer to the nearest cent.) $

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