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The present value of the annuity is ? (Round to the nearest cent.) Suppose the interest rate is 6.2% APR with monthly compounding. What is

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

Suppose the interest rate is 6.2% APR with monthly compounding. What is the present value of an annuity that pays S120 every three months for six years? (Note: Be careful not to round any intermediate steps less than su decima,' places.) The present value of the annuity is (Round to the nearest cent)

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