FIN 301 Intro to Managerial Finance (38887/42963) - 2020 Fall Homework: Ch 5 HW Assignment - FIN301 FALL 2020 Daniel Alcantar 10/01 Score: 0 of 1 pt 5 of 20 (15 complete HW Score: 65 P 5-10 (similar to) Ques Suppose the interest rate is 78% APR with monthly compounding What is the present value of an annuity that pays $115 every six months for five years? Becare not to round any intermedia than six decimal places) The present value of the annuity is $(Round to the nearest cent) Enter your answer in the answer box and then click Check Answer All parts showing Clear All Check Ana