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Show Work Suppose the interest rate is 85% APR with monthly compounding. What is the present value of an annuity that pays $115 every six

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Show Work Suppose the interest rate is 85% APR with monthly compounding. What is the present value of an annuity that pays $115 every six months for six years? (Noto Be careful not to round any intermediate steps less than six decimal places) The present value of the annuity is (Round to the nearest cont.)

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