Question
A 15-year annuity of thirty $12,000 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. a. If
| A 15-year annuity of thirty $12,000 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. |
| a. | If the discount rate is 6 percent compounded monthly, what is the value of this annuity 4 years from now? |
173,526.82
$234,061.68
$184,229.58
$45,621.53
$170,056.29
| What is the current value of the annuity? 136,582.69 $234,061.68 $145,006.81 $35,908.64 $133,851.03 |
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The Little Book Of Market Myths: How To Profit By Avoiding The Investing Mistakes Everyone Else Makes
Authors: Kenneth L. Fisher
1st Edition
1118445015, 978-1118445013
