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5 January, 04:30

Find the present value of the annuity.

Amount Per Payment: $4,725

Payment at End of Each: 6 months

Number of Years: 15

Interest Rate: 10%

Compounded: Semiannually

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  1. 5 January, 05:53
    0
    Pv=4,725 * ((1 - (1+0.10:2) ^ (-2

    *15)) : (0.10:2)) = 72,634.83
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