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# A 5 year annuity of ten \$8000 semiannual payments will begin 9 years from now with the first payment coming 95 years from now If the discount rate is 8 percent compounded monthly what is the

A 5-year annuity of ten \$8,000 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now.

 If the discount rate is 8 percent compounded monthly, what is the value of this annuity five years from now? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

 If the discount rate is 8 percent compounded monthly, what is the value three years from now? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

If the discount rate is 8 percent compounded monthly, what is the current value of the annuity?

May 14 2020 View more View Less Subscribe To Get Solution