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Find the present value of an ordinary annuity with deposits of $11,940 semiannually for 5 years at 11.2% compounded semiannually. What is the present value?

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Find the present value of an ordinary annuity with deposits of $11,940 semiannually for 5 years at 11.2% compounded semiannually. What is the present value? $ (Round to the nearest cent.)

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