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Suppose the interest rate is 8.3 % APR with monthly compounding. What is the present value of an annuity that pays $ 90 every six

Suppose the interest rate is 8.3 % APR with monthly compounding. What is the present value of an annuity that pays $ 90 every six months for six years? (Note: Be careful not to round any intermediate steps less than six decimal places.)

The present value of the annuity is ?(Round to the nearest cent.)

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