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Patricia Thompson invested$9500 twice a year in an annuity due at New York Securities for a period of7years at an interest rate of6% compounded semiannually.

Patricia Thompson invested$9500 twice a year in an annuity due at New York Securities for a period of7years at an interest rate of6% compounded semiannually. Using theordinary annuity table, calculate the total value of the annuity due at the end of the7-year period.

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