Question: Problem 4-48 Calculating Present Values A 7-year annuity with fourteen semiannual payments of $5,800 will begin 13 years from now, with the first payment coming
Problem 4-48 Calculating Present Values A 7-year annuity with fourteen semiannual payments of $5,800 will begin 13 years from now, with the first payment coming 13.5 years from novw. 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 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 answer to 2 decimal places, e.g., 32.16.) lue 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 answer to 2 decimal places, e.g., 32.16.) Value of the annuity
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