What is the present value of the following annuity 1021, Financial Management

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What is the present value of the following annuity 1021

What is the present value of the following annuity? $1,021 every half year at the beginning of the period for the next six years, discounted back to the present at 8.93 percent per year, compounded semi annually? Round the answer to two decimal places. Please show work.

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Financial Management: What is the present value of the following annuity 1021

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