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A 15-year annuity of thirty $8,000 semiannual payments will begin 8 years from now, with the first payment coming 8.5 years from now. a. If
| A 15-year annuity of thirty $8,000 semiannual payments will begin 8 years from now, with the first payment coming 8.5 years from now. |
| a. | If the discount rate is 10 percent compounded monthly, what is the value of this annuity 4 years from now? |
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| b. | What is the current value of the annuity? |
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Generational Wealth Personal Financial Handbook
Authors: Sherique Dill
1st Edition
1985161222, 978-1985161221
