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Find the present value PV of the annuity account necessary to fund the withdrawal given. ( Assume end - of - period withdrawals and compounding

Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.)
$1,300 per month for 20 years, if the account earns 3% per year
PV = $

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