A 20-year annuity of forty 7000 semiannual payments will, Ask an Expert

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A 20-year annuity of forty $7,000 semiannual payments will begin 11 years from now, with the first payment coming 11.5 years from now.

If the discount rate is 13 percent compounded monthly, what is the value of this annuity 5 years from now?

What is the current value of the annuity?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92795560

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