Question: value 1.00 points Problem 4-48 Calculating Present Values A 7-year annuity with fourteen semiannual payments of $7,400 will begin 13 years from now, with the

value 1.00 points Problem 4-48 Calculating Present Values A 7-year annuity

value 1.00 points Problem 4-48 Calculating Present Values A 7-year annuity with fourteen semiannual payments of $7,400 will begin 13 years from now, with the first payment coming 13.5 years from now. If the discount rate is 12 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 12 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.) Value of the annuity If the discount rate is 12 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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