A 7-year annuity of 14 8600 semiannual payments will begin, Ask an Expert

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A 7-year annuity of 14 $8,600 semiannual payments will begin 9.5 years from now, with the first payment coming 10 years from now.

If the discount rate is 10 percent compounded semiannually, what is the value of this annuity seven years and five years from now?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92070855

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