Problema 5-year annuity of ten 8000 semiannual payments, Ask an Expert

Finance

Problem:

A 5-year annuity of ten $8,000 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. If the discount rate is 8 percent compounded monthly, what is the value of this annuity five years from now? If the discount rate is 8 percent compounded monthly, what is the value three years from now? If the discount rate is 8 percent compounded monthly, what is the current value of the annuity?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91147115

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