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Find the present value of the following ordinary simple annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $ 6 6 3 3 months

Find the present value of the following ordinary simple annuity.
Periodic Payment
Payment Interval
Term
Interest Rate
Conversion Period
$663
3 months
4.5 years
11.8%
quarterly
Part 1
The present value is ?

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