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What is the discounted value of 1087.00 paid at the end of every year for years i interest is 11% per annum compounded som The

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What is the discounted value of 1087.00 paid at the end of every year for years i interest is 11% per annum compounded som The discounted value is $ (Round the fina answer to the nearest cant as needed. Round all intermediate values to six decimal places as needed)

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