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4w fund
This topic belongs to the more complicated problem of finding present value.

First, analyze the topic. "Deposit special funds in the bank for this purpose" means to find the present value p, "compound interest once every six months" means that a * * * needs to bear six times of interest, while "there is a special expenditure of 40,000 yuan at the end of three consecutive years from now" means that the amount paid every six months is annuity A (six times of interest), and 40,000 yuan is the final value F. It is known that F can find A, that is, 4. In the second step, it is known that A finds the present value P, that is, P=4×(A/F, 6%, 2)×(P/A, 6%, 6) = 95,480 yuan.

The problem of time value of such funds can only be overcome by doing more questions, constantly summing up and understanding, and sorting out ideas.