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21 September, 11:18

Find the present value of annuity

Amount per payment:$4725

Payment at the end of each: 6 months

Number of years : 15

Interest rate: 10%

Compounded: semiannually

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  1. 21 September, 14:00
    0
    4,725 * ((1 - (1+0.1:2) ^ (-2

    *15)) : (0.1:2))

    =72,634.83
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