Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
Homework #3B (FV and PV of annuity non-annually) 6
Homework #3B (FV and PV of annuity non-annually)
Finance
Question 6 (1 point)
What is the present value of the following annuity?$2,395 every quarter year at the end of the quarter for the next 8 years, discounted back to the present at 5.67 percent per year, compounded quarterly?
Round the answer to two decimal places.
