Question
A 6-year annuity of twelve $10,200 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. If the
| A 6-year annuity of twelve $10,200 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. |
| If the discount rate is 8 percent compounded monthly, what is the value of this annuity five years from now?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Value of the annuity | $ |
| If the discount rate is 8 percent compounded monthly, what is the value three years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Value of the annuity | $ |
| If the discount rate is 8 percent compounded monthly, what is the current value of the annuity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Value of the annuity | $ |
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The Essentials Of Machine Learning In Finance And Accounting
Authors: Mohammad Zoynul Abedin, M. Kabir Hassan, Petr Hajek, Mohammed Mohi Uddin
1st Edition
0367480816, 978-0367480813
