Question: Suppose the interest rate is 9 . 2 % APR with monthly compounding. What is the present value of an annuity that pays $ 1

Suppose the interest rate is 9.2% APR with monthly compounding. What is the present value of an annuity that pays $103 every 6 months for 5 years?
The 6-month effective interest rate is %.(Round to three decimal places.)
Suppose the interest rate is 9.2% APR with monthly compounding. What

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