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Find the present value of an ordinary annuity with payments of ( $ 24,725 ) every 6 months for 7 years at 8.4 compounded semiannually.

Find the present value of an ordinary annuity with payments of \$ \\$ 24,725 \$ every 6 months for 7 years at \8.4 compounded semiannually. What is the present value? (Round to the nearest cent.)

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