Question: Ordinary General Annuities - Finding the FV. Please do these correctly as a lot of times in the past experts have answered it wrong and
Ordinary General Annuities - Finding the FV. Please do these correctly as a lot of times in the past experts have answered it wrong and I still did not understand the concept. :)
What is the discounted value of $905.00 paid at the end of every three months for 4 years if interest is 7% per annum compounded semi-annually? The discounted value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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