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Find the present value of an ordinary annuity with payments of $7805 semiannually for 7 years at 4.4% compounded semiannually. What is the present value?

Find the present value of an ordinary annuity with payments of $7805 semiannually for 7 years at 4.4% compounded semiannually. What is the present value? $ (Round to the nearest cent.)

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