Question: (2 points) (Exercise 4.7) Find the present value of an annuity-due of $850 per annum payable semiannually for 8 years if d(4) = 0.04. ANSWER

(2 points) (Exercise 4.7) Find the present value of an annuity-due

(2 points) (Exercise 4.7) Find the present value of an annuity-due of $850 per annum payable semiannually for 8 years if d(4) = 0.04. ANSWER = $

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