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Solve in Excel solutions. Omni Consumer Products has a debt that generates interest at 7.0% compounded annually. When budgeting for the future, Omni is accounting

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Omni Consumer Products has a debt that generates interest at 7.0% compounded annually. When budgeting for the future, Omni is accounting for payments of $14,100 at the end of every year for 8 years followed by $1,100 at the end of every month for 4 years. Determine the current value of Omni's debt. Round to the nearest cent

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