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HICE ANOTHER Kyla wants to have an annuity payment of $400, at the end of each six months. Use the appropriate formula to find how

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HICE ANOTHER Kyla wants to have an annuity payment of $400, at the end of each six months. Use the appropriate formula to find how much she should deposit (in ) now at 6% Interest, compounded semiannually, to yield this payment for 18 years. (Round your answer to the nearest cent.) 5

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