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7 Complete present value of an ordinary annuity. Amt. of Annuity Expected Payment Time Interest Rate $8,500 semi-annually 4 years 10% Earned Present Value 8

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7 Complete present value of an ordinary annuity. Amt. of Annuity Expected Payment Time Interest Rate $8,500 semi-annually 4 years 10% Earned Present Value 8 Mike O'Brien plans to deposit $1,250 at the end of every 6 months for the next 8 years at 6% interest compounded semi-annually. What is the value of Mike's annuity at the end of 8 years

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