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D On an annual renewable lease, the semi-annual lease payment on office space is $7,700 payable at the begining of every six montits. What equivalent

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D On an annual renewable lease, the semi-annual lease payment on office space is $7,700 payable at the begining of every six montits. What equivalent yearly payment made in advance would satisfy the lease if interest is 6.2% compounded semi-annually? TWIKING The equivalent yearly payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six darimal nlarae ae noaded

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