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Lilly's retirement account, which pays 2.9% compounded annually, is set up to pay out a total of $549,000 it up into equal annual payments for

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Lilly's retirement account, which pays 2.9% compounded annually, is set up to pay out a total of $549,000 it up into equal annual payments for the next 10 years. Find the present value of this account The present value of the account is (Round to the nearest cent as needed.)

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