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What is the value today of a money machine that will pay $4,877.00 per year for 26.00 years? Assume the first payment is made today
What is the value today of a money machine that will pay $4,877.00 per year for 26.00 years? Assume the first payment is made today and that there are 26.0 total payments. The interest rate is 15.00%.
Round to: 2 decimal places.
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