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What is the present value of the given annuity

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Reference no: EM131549000

Question: What is the present value of the following annuity? $4,659 every half year at the beginning of the period for the next 5 years, discounted back to the present at 13.86 percent per year, compounded semiannually. Round the answer to two decimal places.

Reference no: EM131549000

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