What is the present value of the following annuity? $2,566 every half year at the end of the period for the next 7 years, discounted back to the present at 15.36 percent per year, compounded semiannually. Round the answer to two decimal places.
What is the present value of the following annuity?
$2,566 every half year at the end of the period for the next 7 years, discounted back to the present at 15.36 percent per year, compounded semiannually.
Round the answer to two decimal places.
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