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What is the PV of a series of 60 equal monthly payments of $420 if the first payment occurs immediately. Assume a discount rate of

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What is the PV of a series of 60 equal monthly payments of $420 if the first payment occurs immediately. Assume a discount rate of 13% APR compounded monthly. Round your answer to the nearest dollar. Thus, if you believe the PV is $2,347.52 write your answer as 2348

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