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Suppose the interest rate is 9 8% APR wheh menenly compounding. What is the presont value of an annuty that pays $120 every thee months

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Suppose the interest rate is 9 8\% APR wheh menenly compounding. What is the presont value of an annuty that pays $120 every thee months for four yoars? (Note : Be careful not fo round any intermedate steps less than six decimal places) The present value of the ammity is s (Round to the nearest cent)

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