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What is the discounted value of payments of $113.00 made at the end of every three months for 4.5 years if interest is 12% compounded
What is the discounted value of payments of $113.00 made at the end of every three months for 4.5 years if interest is 12% compounded quarterly? The discounted 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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