Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Johnny Ayvas has been awarded an insurance settlement of $10,000 at the BEGINNING of each 6-month period for the next 15 years. How much must the insurance company set aside now, at 10% interest compounded semiannually, in order to pay this obligation to Ayvas?

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The Answer of Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Johnny Ayvas has been awarded an insurance settlement of $10,000 at the BEGINNING of each 6-month period for the next 15 years. How much must the insurance company set aside now, at 10% interest compounded semiannually, in order to pay this obligation to Ayvas?

Use Tables 12-1 and 12-2 from Your Text to Answer