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Business, 13.02.2020 23:22 RealGibbon857

A 4-year annuity of eight $6,200 semiannual payments will begin 6 years from now, with the first payment coming 6.5 years from now. If the discount rate is 7 percent, compounded semiannually, what is the value of this annuity 4 years from now?

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