What is the present value of the following annuity? $3,361 every quarter year at the end of the quarter for the next 11 years, discounted back to the present at 5.66 percent per year, compounded quarterly?
What is the present value of the following annuity? $3,361 every quarter
year at the end of the quarter for the next 11 years, discounted back to the present at 5.66 percent per year, compounded quarterly? Round the answer to two decimal places.
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