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Business, 19.09.2021 03:10 kaleighashtyn

A 7-year annuity of fourteen $5,400 semiannual payments will begin 11 years from now, with the first payment coming 11.5 years from now. If the discount rate is 8 percent compounded monthly, what is the value of this annuity five years from now? (Do not round intermediate calculations and round your final answer to 2 decimal places (e. g., 32.16).)
Value of the annuity$
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).)
Value of the annuity$
If the discount rate is 8 percent compounded monthly, what is the current value of the annuity? (Do not round intermediate calculations and round your final answer to 2 decimal places (e. g., 32.16).)

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A 7-year annuity of fourteen $5,400 semiannual payments will begin 11 years from now, with the first...
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