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What is the discounted value of payments of $64.00 made at the end of every three months for 8.25 years if interest is 6% compounded

What is the discounted value of payments of

$64.00

made at the end of

every

three months

for

8.25

years if interest is

6%

compounded quarterly?

The discounted value is

$nothing.

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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