What is the present value of the following annuity? $2,942 every half year at the end of the period for the next 6 years, discounted back to the present at 4.15 percent per year, compounded semiannually. what are all the excel formula should i use for the following problem?? explain in great detail

Answer rating: 100% (QA)

Here are the stepbystep Excel formulas to calculate the present value of the annuity described 1 De... View the full answer