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Find the present value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $232.00 1 year 6 years 3%

Find the present value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $232.00 1 year 6 years 3% semi-annually The present value 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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