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b Homework i Saved Help Save & Ch Complete the following for the present value of an ordinary annuity. (Do not round intermediate calculations. Round

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b Homework i Saved Help Save & Ch Complete the following for the present value of an ordinary annuity. (Do not round intermediate calculations. Round your answer to the nearest cent.) Time Interest rate Amount of annuity expected Payment Present value (amount needed now to invest to receive annuity) Quarterly 6 years 12.9% S 15.500

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