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A 4-year annuity of eight $6,200 semiannual payments will begin 7 years from now, with the first payment coming 7.5 years from now. If the

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A 4-year annuity of eight $6,200 semiannual payments will begin 7 years from now, with the first payment coming 7.5 years from now. If the discount rate is 7.2 percent compounded semiannually, what is the value of this annuity 4 years from now? a. $34,326 7 b. $36,842 c. $37,140 d. $33,871 e. $38,512 Next page Follow Us in

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