What is the present value for the following annuity? $1,021 every half year at the beginning of

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What is the present value for the following annuity?

$1,021 every half year at the beginning of the period for the next 6 years, discounted back to the present at 8.93 percent per year, compounded semi-annually. All the work has to be shown! Round the answer to two decimal places.

Posted Date: May 18, 2024 01:15 PM

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What is the present value for the following annuity? $1,021 every half year at the beginning of

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