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How Do You Calculate Present Value in an Annuity? – Math FAQ
Problem Find the present value of an ordinary annuity with payments of $10,000 paid semiannually for 15 years at 5% compounded semiannually.

Problem Find the present value of an ordinary annuity with payments of $10,000 paid semiannually for 15 years at 5% compounded semiannually.