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Find the present value (in dollars) of an annuity that pays $4,000 at the end of each 6-month period for 8 years if the interest
Find the present value (in dollars) of an annuity that pays $4,000 at the end of each 6-month period for 8 years if the interest rate is 8% compounded semiannually. (Round your answer to two decimal places.)
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Applied Quantitative Finance
Authors: Härdle
3rd Edition
3662544857, 978-3662544853
