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A six-year lease requires payment of $1,079.00 at the beginning of every three months. If money is worth 5% compounded monthly, what is the cash

A six-year lease requires payment of $1,079.00 at the beginning of every three months. If money is worth 5% compounded monthly, what is the cash value of the lease? (Do not round intermediate calculations. Round the final answer to 2 decimal places.

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