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Computing the Present Value of an Annuity In repayment of a loan today, Nicholas agreed to pay a financial institution $2.500 at the end

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Computing the Present Value of an Annuity In repayment of a loan today, Nicholas agreed to pay a financial institution $2.500 at the end of each month over a 3 year period, beginning one month from today. Assuming the interest rate on the loan is 6.6%, what is today's amount of the loan? Round answer to the nearest whole dollar. Do not use a negative sign with your answer.

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