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What is the current value of the annuity

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Question: Calculating Present Values. A 6-year annuity of twelve $7,750 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. If the discount rate is 9 percent compounded semiannually, what is the value of this annuity five years from now? What is the value three years from now? What is the current value of the annuity?

Reference no: EM131728237

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