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Find the present value on Mach 1 of an annuity which pays $3000 every two months for 7 years. The first payment is due on

Find the present value on Mach 1 of an annuity which pays $3000 every two months for 7 years. The first payment is due on the coming April 1 and the rate of interest is 7.5% convertible once every two months.

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