Question: Suppose an annuity at 6%, compounded semi-annually will pay $5,000 at the end of each 6 month period for 5 years with the first payment

Suppose an annuity at 6%, compounded semi-annually will pay $5,000 at the end of each 6 month period for 5 years with the first payment deferred for 10 years.

A) find the number of payment periods and deferment periods

B) find the interest rate per period

C) find the present value of this annuity

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