Ask a New Question

Find the present value of an ordinary annuity of $1,400 payments each made semiannually over 8 years and earning interest at 12% per year compounded semi-annually.

$6,954.70
$9,763.58
$14,148.25
$3,365.99

Thanks for the help

Ask a New Question or answer this question.

Similar Questions

Find the present value of an ordinary annuity of $1,400 payments each made semiannually over 8 years and earning interest at 12%
1. 1 answer
find the present value of ordinary annuitypayments of 890 each year for 16 years at 8% compounded annually What is the amount
1. 0 answers
Find the amount of an ordinary annuity for 6 years of semiannually payments of $1,400 that earn interest at 8%/year compounded
1. 1 answer
Amy Powell invested $8500 twice a year in an ordinary annuity at New York Securities for a period of 5 years at an annual
1. 0 answers

more similar questions