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Question 7 (1 point) What is the present value of the following annuity? $1,021 every half year at the beginning of the period for the

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Question 7 (1 point) What is the present value of the following annuity? $1,021 every half year at the beginning of the period for the next 6 years, discounted back to the present at 8.93 percent per year, compounded semiannually. Round the answer to two decimal places. Format BI U

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