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What is the value today of a money machine that will pay $1,408.00 every six months for 20.00 years? Assume the first payment is made

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What is the value today of a money machine that will pay $1,408.00 every six months for 20.00 years? Assume the first payment is made six months from today and the interest rate is 8.00%. Submit Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $4.993.00 every six months for 26.00 years? Assume the first payment is made 5.00 years from today and the interest rate is 13.00% Submit Answer format: Currency. Round to: 2 decimal places

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