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Is there a formula with this question? I need assistance with it. What is the present value of the following annuity. $3,593 every half year
Is there a formula with this question? I need assistance with it.
What is the present value of the following annuity. $3,593 every half year at the beginning of the period for the next 3 years, discounted back to the present at 16.59 percent per year, compounded semiannually.
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