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A five-year annuity of 10 $7,500 semiannual payments will begin 10 years from now, with the first payment coming 11 years from now. If the
A five-year annuity of 10 $7,500 semiannual payments will begin 10 years from now, with the first payment coming 11 years from now. If the discount rate is 6 percent compounded monthly, what is the value of this annuity five years from now? What is the value three years from now? What is the current value of the annuity
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