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What is the discounted value of payments of $88.00 made at the end of each year for 3 years if interest is 6% compounded annually?

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What is the discounted value of payments of $88.00 made at the end of each year for 3 years if interest is 6% compounded 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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