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Please help me with the question below with detailed steps for each part, thank you! Problem 17.9 Find the current value to the nearest dollar
Please help me with the question below with detailed steps for each part, thank you!
Problem 17.9 Find the current value to the nearest dollar on January 1 of an annuity which pays $2,000 every six months for five years. The first payment is due on the next April 1 and the rate of interest is 9% convertible semiannuallyStep by Step Solution
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