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Jenny Enterprises has just entered a lease agreement for a new manufacturing facility. Under the terms of the agreement, the company agreed to pay rent

Jenny Enterprises has just entered a lease agreement for a new manufacturing facility. Under the terms of the agreement, the company agreed to pay rent of $13,500 per month for the next 6 years with the first payment due today. If the APR is 6.72 percent compounded monthly, what is the value of the payments today?

$798,114.18

$778,899.58

$802,583.62

$729,621.47

$831,241.63

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