What is the present value of the following annuity 3401


What is the present value of the following annuity? $3,401 every half year at the end of the period for the next 9 years, discounted back to the present at 12.92 percent per year, compounded semi- annually.

Round answer to two decimal places.

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the present value of the following annuity 3401
Reference No:- TGS02184327

Now Priced at $15 (50% Discount)

Recommended (95%)

Rated (4.7/5)