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Next Page Page 2 This set of problems is designed to be calculated using the Excel or financial calculator. Do not use finan tables to

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Next Page Page 2 This set of problems is designed to be calculated using the Excel or financial calculator. Do not use finan tables to calculate these problems. Question 2 (1 point) What is the present value of the following annuity? $1,679 every half year at the beginning of the period for the next 7 years, discounted back to the present at 18.72 percent per year, compounded semiannually. Round the answer to two decimal places. Your Answer: Answer Next Page Page 2 of

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