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What is the value today of a money machine that will pay $1,414.00 per year for 12.00 years? Assume the first payment is made 7.00

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What is the value today of a money machine that will pay $1,414.00 per year for 12.00 years? Assume the first payment is made 7.00 years from today and the interest rate is 5.00%. UT not Submit Attempts F Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $2,326.00 every six months for 16.00 years? Assume the first payment is made six months from today and the interest rate is 12.00%. Submit Atten Answer format: Currency: Round to: 2 decimal places

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