29. If money is worth 5% compounded semi-annually, find the, present value of a sequence of 12 semi-annual payments at P 500 each, the first of which is due at the end of 4 ½ years.

A payment of $13,000 is due in 1 year and $11,900 is due in 2 years. What two equal payments, one in 3 years and one in 4 years would replace these original payments? Assume that money earns 3.50% compounded quarterly. Use the focal date in 4 years. $0.00 Round to the nearest cent

Find the present value of the given future payment at the specified interest rate. 1 $8000 due in 8- years at 8% compounded quarterly 2 The present value is approximately $ (Round to the nearest cent as needed.)