Semiannual payments-what is the value three years from now

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A 4-year annuity of eight $9,800 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. If the discount rate is 7 percent compounded monthly, what is the value of this annuity five years from now?

If the discount rate is 7 percent compounded monthly, what is the value three years from now?

If the discount rate is 7 percent compounded monthly, what is the current value of the annuity?

Reference no: EM13985602

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Semiannual payments-what is the value three years from now : A 4-year annuity of eight $9,800 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. If the discount rate is 7 percent compounded monthly, what is the value of this annuity five years from now? If the di..

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