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What is the present value of the following annuity? $3,920 every year at the end of the year for the next 14 years, discounted back
What is the present value of the following annuity?
$3,920 every year at the end of the year for the next 14 years, discounted back to the present at 15.15 percent per year, compounded annually. Round the answer to two decimal places.
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