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Complete the following for the present value of an ordinary annuity. (Do not round intermediate calculations. Round your answer to the nearest cent.) Present

Complete the following for the present value of an ordinary annuity. (Do not round intermediate calculations. Round your answer to the nearest cent.) Present value (amount Amount of Payment Time Interest rate needed now to invest annuity expected to receive annuity) $ 13,800 Quarterly 5 years 10 %

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