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What is the value today of a money machine that will pay $6,404.00 per year for 12.00 years? Assume the first payment is made today

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What is the value today of a money machine that will pay $6,404.00 per year for 12.00 years? Assume the first payment is made today and that there are 12.0 total payments. The interest rate is 13.00%. Submit Answer format: Currency: Round to: 2 decimal places

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