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What is the present value of an ordinary annuity with payments of $13,000.00 paid semiannually for 1 1 years at 5% compounded semiamwolly? Assume the

What is the present value of an ordinary annuity with payments of $13,000.00 paid semiannually for 1 1 years at 5% compounded semiamwolly? Assume the interest rate does not change while the account is open. Round your answer to the nearest cent. CHECK

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