Question: please explain detail add formula please i need to know detail please no shortcut 48. Calculating Present Values A 5-year annuity of ten $6,175 semiannual

please explain detail

add formula please

i need to know detail please

no shortcut please explain detail add formula please i need to know detail

48. Calculating Present Values A 5-year annuity of ten $6,175 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. If the discount rate is 11 percent compounded monthly, 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

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