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How do you solve this? Can you write the excel formula as well What is the present value of the following annuity? $2,518 every half year at the end of the period for the next 5 years, discounted back to the present at 11.55 percent per year, compounded semiannually.

How do you solve this? Can you write the excel formula as well

What is the present value of the following annuity?

$2,518 every half year at the end of the period for the next 5 years, discounted back to the present at 11.55 percent per year, compounded semiannually.

 
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