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TB SA Qu. 13-74 (Static) What must Abdu invest today to... What must Abdu invest today to receive an annuity of $9,000 for four years

TB SA Qu. 13-74 (Static) What must Abdu invest today to...

What must Abdu invest today to receive an annuity of $9,000 for four years semiannually at an 8% annual rate? All withdrawals will be made at the end of each period.

Note: Round your answer to the nearest cent.

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