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Suppose the interest rate is 6.4% APR with monthly compounding. What is the present value of an annuity that pays $95 every 6 months for

Suppose the interest rate is 6.4% APR with monthly compounding. What is the present value of an annuity that pays $95 every 6 months for 7 years? (Note: Be careful not to round any intermediate steps less than six decimal places.)

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