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A 6-year annuity of 12 $8,500 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. Requirement 1:

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A 6-year annuity of 12 $8,500 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. Requirement 1: If the discount rate is 9 percent compounded semiannually, what is the value of this annuity five years and three years from now? (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Value of the annuity 5 years 3 years Requirement 2: What is the value of the annuity today? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Value today

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