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Joseph offers Jac a business opportunity with a receipt of $ 8 0 4 . 6 4 payments monthly for 8 years. At an interest

Joseph offers Jac a business opportunity with a receipt of $804.64 payments monthly for 8 years. At an interest rate of 0.069 with monthly compounding, what is the value of these payments to Jac today (interest rates expressed in decimals)? Show your answer in 2 decimal places.

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