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What is the value today of a money machine that will pay $4,601.00 every six months for 22.00 years? Assume the first payment is made

What is the value today of a money machine that will pay $4,601.00 every six months for 22.00 years? Assume the first payment is made 1.00 years from today and the interest rate is 8.00%. Answer format: Currency: Round fo: 2 decimal places

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