SOLUTION: Find the present value of an annuity with periodic payments of $2,000, for a period of 10 years at an interest rate of 6%, compounded semiannually.

Algebra ->  Finance -> SOLUTION: Find the present value of an annuity with periodic payments of $2,000, for a period of 10 years at an interest rate of 6%, compounded semiannually.       Log On


   

Question 1160188: Find the present value of an annuity with periodic payments of $2,000, for a period of 10 years at an interest rate of 6%, compounded semiannually.
Answer by ikleyn(52812) About Me  (Show Source):
You can put this solution on YOUR website!
.

As the problem is worded, printed, posted and presented, it MAKES no SENSE.