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What is the value today of a money machine that will pay $3,578.00 per year for 31.00 years? Assume the first payment is made today

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What is the value today of a money machine that will pay $3,578.00 per year for 31.00 years? Assume the first payment is made today and that there are 31.0 total payments. The interest rate is 10.00%. Correct Answer: $37,307.50 Answer format: Currency: Round to: 2 decimal places. Points: 0 Similar to CSD Chapter 3#9 Attempts Remaining: Infinity

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