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Problem 4 - 2 8 Annuity Present Values What is the value today of $ 6 , 7 0 0 per year, at a discount

Problem 4-28 Annuity Present Values
What is the value today of $6,700 per year, at a discount rate of 6 percent, if the first payment is received three years from today and the last payment is received 25 years from today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)

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