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What is the present value of the following annuity? $1,056 every half year at the beginning of the period for the next 6 years, discounted
What is the present value of the following annuity?
$1,056 every half year at the beginning of the period for the next 6 years, discounted back to the present at 16.79 percent per year, compounded semiannually.
Round the answer to two decimal places.
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