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Find the present value of an annuity with payments of $200 at the end of each month for 3 years. The interest rate is 12%

image text in transcribed Find the present value of an annuity with payments of $200 at the end of each month for 3 years. The interest rate is 12% compounded monthly. 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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