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Find the present value for the amount given in the table. Amount $5038.79 Nominal Rate 7.5% Frequency of Conversion semi-annually time 13 years the present
Find the present value for the amount given in the table.
Amount $5038.79
Nominal Rate 7.5%
Frequency of Conversion semi-annually
time 13 years
the present value___$
(Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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