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A 5-year annuity of ten $5,000 semiannual payments will begin 10 years from now, with the first payment coming 10.5 years from now. a. If
| A 5-year annuity of ten $5,000 semiannual payments will begin 10 years from now, with the first payment coming 10.5 years from now. |
| a. | If the discount rate is 8 percent compounded monthly, what is the value of this annuity 5 years from now? |
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| b. | What is the current value of the annuity? |
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Emotions In Finance Booms Busts And Uncertainty
Authors: Jocelyn Pixley
2nd Edition
1107633370, 978-1107633377
