[Solved] What is the value today of a money machin

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What is the value today of a money machine that will pay $1,542.00 every six months for 13.00 years? Assume the first payment is made

What is the value today of a money machine that will pay $1,542.00 every six months for 13.00 years? Assume the first payment is made 5.00 years from today and the interest rate is 12.00%. Round to: 2 decimal places. PLEASE SHOW WORK.

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