What is the present value of the annuity

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Reference no: EM131010560

What is the present value of the following annuity?

$3346 every half year at the end of the period for the next 15 years, discounted back to the present at 19.78 percent, per year, compounded SEMIANNUALLY. Round the answer to 2 decimal points.

Reference no: EM131010560

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