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What is the value today of a money machine that will pay $1,107 00 per year for 28.00 years? Assume the first payment is made

What is the value today of a money machine that will pay $1,107 00 per year for 28.00 years? Assume the first payment is made 10 00 years from today and the interest rate is 12 00%. Submit Answer format: Currency: Round to 2 decimal places

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