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Question 23 (3.4 points) What is the present value of 56 annual payments of $ 2,395 each with the first payment being received immediately? Assume

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Question 23 (3.4 points) What is the present value of 56 annual payments of $ 2,395 each with the first payment being received immediately? Assume you can invest money at a 10% stated rate with semi-annual compounding. Round your answer to 2 decimal places and record without a dollar sign and without commas Your

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