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What is the value today of a money machine that will pay $ 3 , 0 0 2 . 0 0 every six months for

What is the value today of a money machine that will pay $3,002.00 every six months for 12.00 years? Assume the first payment is made 5.00 years from today and the interest rate is 7.00%.
Answer format: Currency: Round to: 2 decimal places.
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