Find the present value of the ordinary annuity. Please round the answer to the nearest cent. $5,000 per semiannual period for 5 yr at 11%/year compounded semiannually
A) P = $
B) P = $
C) P = $
D) P = $
E) P = $

Question

Find the present value of the ordinary annuity. Please round the answer to the nearest cent. $5,000 per semiannual period for 5 yr at 11%/year compounded semiannually
A) P = $ 
B) P = $ 
C) P = $ 
D) P = $ 
E) P = $

Quizplus · Accepted Answer

The Answer of Find the present value of the ordinary annuity. Please round the answer to the nearest cent. $5,000 per semiannual period for 5 yr at 11%/year compounded semiannually
A) P = $ 
B) P = $ 
C) P = $ 
D) P = $ 
E) P = $

Find the Present Value of the Ordinary Annuity