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Find the present value of an annuity of $750 at the end of every three month for 5 years. The interest rate is 12% compounded

Find the present value of an annuity of $750 at the end of every three month for 5 years. The interest rate is 12% compounded quarterly.

The present value of the annuity is $

(Round the final answer to the nearest cent as needed. Round all intermediate value to six decimal places as needed.)

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