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What is the discounted value

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Question - What is the discounted value of $5,800.00 paid every 12 months for 13 years if interest is 2.62% compounded semi-annually?

a. $88,566.95

b. $108,709.82

c. $63,168.86

d. $79,529.04

e. $88,563.95

Reference no: EM133176981

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