This set of problems is designed to be calculated using the Excel or financial calculator. Do not use financial tables to calculate these problems. Question 2 (1 point) What is the present value of the following annuity? $1,235 every half year at the beginning of the period for the next 8 years, discounted back to the present at 10.79 percent per year, compounded semiannually. Round the answer to two decimal places. Your