Question: 20 Problem 6-52 Calculating Present Values (L01) 5 points a. A 6-year annuity of twelve $10,200 semiannual payments will begin 9 years from now, with
20 Problem 6-52 Calculating Present Values (L01) 5 points a. A 6-year annuity of twelve $10,200 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. 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 answer to 2 decimal places, e.g., 32,16.) b. What is the value three years from now? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) What is the current value of the annuity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) eBook c. Print References a. b. Value at Year 5 Value at Year 3 Value today C
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