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PS4 4 What is the value today of a money machine that will pay $4,862.00 every six months for 12.00 years? Assume the first payment

PS4 4

What is the value today of a money machine that will pay $4,862.00 every six months for 12.00 years? Assume the first payment is made six months from today and the interest rate is 13.00%.

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