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Suppose the interest rate is 8.0% APR with monthly compounding. What is the present value of...

Suppose the interest rate is 8.0% APR with monthly compounding. What is the present value of an annuity that pays $100 every six months for five ​years? ​(Note: Be careful not to round any intermediate steps less than six decimal​ places.)

The present value of the annuity is?

​(Round to the nearest​ cent.)

***NO THE ANSWER IS NOT $813.74, OR $811.09*** I entered both of these amounts that I saw from the exact same question posted on Chegg, both are incorrect. Please show work on how to reach your answer.

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