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What is the present value of $97 received at the beginning of each year for the next 6 years? The first payment will be received
What is the present value of $97 received at the beginning of each year for the next 6 years? The first payment will be received today, and the annual interest rate is 3.66% compounded annually.
Please round your answer to the second decimal without dollar sign. e.g. 1.11
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