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A 15-year annuity of thirty $5,000 semiannual payments will begin 11 years from now, with the first payment coming 11.5 years from now. a. If
| A 15-year annuity of thirty $5,000 semiannual payments will begin 11 years from now, with the first payment coming 11.5 years from now. |
| a. | If the discount rate is 12 percent compounded monthly, what is the value of this annuity 6 years from now? |
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The Laymans Guide To Managing Your Investments
Authors: Thomas Dunleavy
1st Edition
979-8763592214
