Question
A 4-year annuity of eight $11,400 semiannual payments begin 9 years from now, with the first payment coming 9.5 years from now. The discount rate
A 4-year annuity of eight $11,400 semiannual payments begin 9 years from now, with the first payment coming 9.5 years from now. The discount rate is 11 percent compounded monthly.
What is the value of this annuity 5 years from now?
What is the value 3 years from now?
What is the current value of the annuity?
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How To Save It Fix Your Finances
Authors: Bola Sol
1st Edition
1529118816, 978-1529118810
