Question: Problem 5-48 Calculating Present Values [LO 1 A 8-year annuity of 16 $10,300 semiannual payments will begin 10 5 years from now, with the first

Problem 5-48 Calculating Present Values [LO 1 A 8-year annuity of 16 $10,300 semiannual payments will begin 10 5 years from now, with the first payment coming 11 years from now. If the discount rate is 12 percent compounded semiannually, what is the value of this annuity eight years and six years from now? (Do not round intern to 2 decimal places, e.g. 32.16.) Value of the a Eight years Six years What is the value of the annuity today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16 Value today

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