A 5-year annuity of ten $9,400 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now.

If the discount rate is 6 percent compounded monthly, what is the value of this annuity five years from now?

If the discount rate is6 percent compounded monthly, what is the value of this annuity three years from now?

If the discount rate is 6 percent compounded monthly, what is the current value of this annuity?