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What is the present value of the following annuity? $4,374 every half year at the beginning of the period for the next 13 years, discounted
What is the present value of the following annuity?
$4,374 every half year at the beginning of the period for the next 13 years, discounted back to the present at 14.21 percent per year, compounded semiannually.
Round the answer to two decimal places.
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