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Suppose the interest rato is 7.3% APR with monthly compounding What is the present value of an annuity that pays $115 every six months for

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Suppose the interest rato is 7.3% APR with monthly compounding What is the present value of an annuity that pays $115 every six months for seven yours? (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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