What is the present value of the following annuity?$1,688 every year at the end of the year for the next 3 years, discounted back to the present at 6.71 percent per year, compounded annually? Round the answer to two decimal places.
What is the present value of the following annuity?<br/>$1,688 every
year at the end of the year for the next 3 years, discounted back to the present at 6.71 percent per year, compounded annually?
Round the answer to two decimal places.
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