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What is the present value of the following annuity? $4,205 every year at the end of the year for the next 4 years, discounted back
What is the present value of the following annuity? $4,205 every year at the end of the year for the next 4 years, discounted back to the present at 5.88 percent per year, compounded annually? Round the answer to two decimal places.
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