Problema 6-year annuity of 12 10100 semiannual payments, Ask an Expert

Finance

Problem:

A 6-year annuity of 12 $10,100 semiannual payments will begin 9.5 years from now, with the first payment coming 10 years from now.

Required:

Question 1: If the discount rate is 10 percent compounded semiannually, what is the value of this annuity six years and four years from now?

Question 2: What is the value of the annuity today?

Note: Please show how to work it out.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91162187

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