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What is the present value of 4 annual payments of $300 each with the first payment being received immediately? Assume you can invest money at

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What is the present value of 4 annual payments of $300 each with the first payment being received immediately? Assume you can invest money at a 10% stated rate with semiannual compounding. (Round your answer to 2 decimal places and enter your answer without a dollar sign and without commas)

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