Compute the present value of an annuity due consisting of semiannual payments of $1,200 for...
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Compute the present value of an annuity due consisting of semiannual payments of $1,200 for 25 years, if money can earn: (Do not round intermediate calculations and round your final answers to 2 decimal places.) PV(due) a. 4.4% compounded semiannually $ b. 8.8% compounded semiannually $
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