A 15-year annulty of thirty $7,000 semiannual payments will begin 10 years from now, with the first payment coming 10.5 years from now. a. If the discount rate is 13 percent compounded monthly, what is the value of this annulty 5 years from now? $47,014.02 $89,743.03 $53,503.49 $ 7,986.7 $46,073.74 b. What is the current value of the annuity? $24,629.42 $89,743.03 $28,029.08 $ 4,184.07 $24,136.83