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Suppose the interest rate is 9.7% APR with monthly compounding.What is the present value of an annuity that pays $80 every sixmonths for six ?years?

Suppose the interest rate is 9.7% APR with monthly compounding.What is the present value of an annuity that pays $80 every sixmonths for six ?years? ?(Note: Be careful not to round anyintermedi 2 answers

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