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Trish receives $450 on the first of each month. Josh receives $450 on the last day of each month. Both Trish and Josh will receive

Trish receives $450 on the first of each month. Josh receives $450 on the last day of each month. Both Trish and Josh will receive payments for next four years. At a discount rate of 9.5 percent, what is the difference in the present value of these two sets of payments?

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