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What is the present value of the following annuity? $1,021 every half year at the beginning of the period for the next 6 years, discounted
What is the present value of the following annuity? $1,021 every half year at the beginning of the period for the next 6 years, discounted back to the present at 8.93 percent, per year, compounded SEMIANNUALLY. Round the answer to 2 decimal points.
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