Question: Please make the answer clear! Thank you so much. 15. DETAILS HARMATHAP12 6.4.003.MI. Find the present value of an annuity of $6000 paid at the
Please make the answer clear! Thank you so much.

15. DETAILS HARMATHAP12 6.4.003.MI. Find the present value of an annuity of $6000 paid at the end of each 6-month period for 8 years if the interest rate is 6%, compounded semiannually. (Round your answer to the nearest cent.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
