What is the present value of an annuity due consisting of semiannual payments of $1000 for 25
Question:
What is the present value of an annuity due consisting of semiannual payments of $1000 for 25 years, if money can earn
a. 3% compounded semiannually?
b. 4% compounded semiannually?
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a Given b PMT 1000 n 225 50 i 3 15 ...View the full answer
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Related Book For 
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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