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What is the discounted value of payments of $115.00 made at the end of every six months for 7.5 years if interest is 7% compounded

What is the discounted value of payments of $115.00 made at the end of every six months for 7.5 years if interest is 7% compounded semi-annually? 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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