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Find the present value of an annuity of $8000 paid at the end of each 6-month period for 2 years if the interest rate is

image text in transcribed Find the present value of an annuity of $8000 paid at the end of each 6-month period for 2 years if the interest rate is 7%, compounded semiannually. (Round your answer to the nearest cent.) Need Help? Master

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