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You decide to open an investment account that pays 6% APR, compounded monthly. Compute the present value of 14 monthly payments of $5000 (the first

You decide to open an investment account that pays 6% APR, compounded monthly. Compute the present value of 14 monthly payments of $5000 (the first payment made 1 month from today). Please round your answer to the nearest penny and note that "None of the other answers are correct" would not be the right choice if you were choosing it due to your answer merely differing by less than a dollar or two from one of the given numerical choices.

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