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What is the present value of $8,690 to be received at the end of each of 18 periods, discounted at 5% compound interest? (Round factor

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What is the present value of $8,690 to be received at the end of each of 18 periods, discounted at 5% compound interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

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