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QUESTION 4 Find the present worth of a series of equal payments SR190 each over 32 years, at an 12% nominal annual interest rate compounded

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QUESTION 4 Find the present worth of a series of equal payments SR190 each over 32 years, at an 12% nominal annual interest rate compounded every six months. Payments are made every two years starting from end of the second year (year 2)? (select the closest answer) SR 235 SR 352 SR 503 SR 706 SR 990

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