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What is the present value of a 10-year annuity of $3,000 per period in which payments come at the beginning of each period? The interest

What is the present value of a 10-year annuity of $3,000 per period in which payments come at the beginning of each period? The interest rate is 12 percent. (Do not round intermediate calculations, Round your final answer to 2 decimal places.)

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