document.write( "Question 1139159: Find the present value of an annuity that pays R2 000 at the end of each 3-months period for 3.5 years if money is worth 4% p.a., compounded quarterly. \n" ); document.write( "
Algebra.Com's Answer #756942 by Boreal(15235)\"\" \"About 
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\n" ); document.write( "This is 2000(1-(1.01^-14)/0.01, the i being per cent divided by times per year
\n" ); document.write( "This is R26007.41
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