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Find the present value at time 0 of regular payments of $400 at times 24 years, 25 years, and so on, with the last payment
Find the present value at time 0 of regular payments of $400 at times 24 years, 25 years, and so on, with the last payment at time 43 years. Use an annual interest rate of 5%. Round your answer to 2 decimal places. X
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