What is present value of the annuity

What is present value of the annuity

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Reference no: EM131514730

What is the present value of the following annuity?

$2,250 every half year at the beginning of the period for the next 3 years, discounted back to the present at 13.44 percent per year, compounded semiannually.

Round the answer to two decimal places.

Reference no: EM131514730

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