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Find the present value of an annuity with payments of $2,000 at the end of every six months for 8 years. The interest rate is

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Find the present value of an annuity with payments of $2,000 at the end of every six months for 8 years. The interest rate is 8% compounded semi-annually. The present value of the annuity is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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