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(b) What is the present value of $7,900 to be received at the beginning of each of 30 periods, discounted at 8% compound interest?

(b) What is the present value of $7,900 to be received at the beginning of each of 30 periods, discounted at 8% compound interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places, e.g. 4,585.81.) The present value $ Save for Later B Attempts: 0 of 1 used Submit Answer

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