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Find the present value of the following ordinary annuity Term Interest Rate Periodic Payment $2700 Payment Interval 3 months Conversion Period semi-annually 5 years 11%

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Find the present value of the following ordinary annuity Term Interest Rate Periodic Payment $2700 Payment Interval 3 months Conversion Period semi-annually 5 years 11% The present value is (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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