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Question 6(1 point) What is the present value of the following annuity? $1,044 every quarter year at the end of the quarter for the next

Question 6(1 point)

What is the present value of the following annuity?

$1,044 every quarter year at the end of the quarter for the next 14 years, discounted back to the present at 9.45 percent per year, compounded quarterly?

Round the answer to two decimal places.

Your Answer:

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