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help Suppose the interest rate is 99% APR with monthly compounding. What is the present value of an annuty that pays $120 every six monthis

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Suppose the interest rate is 99% APR with monthly compounding. What is the present value of an annuty that pays $120 every six monthis for seven years? (Nofe: Be careful not to round any intermediate steps less than sax decimal places) The present value of the annuity is $ (Round to the newrest cent)

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