A four-year annuity of eight $9,800 semiannual payments will begin nine years from now, with the first payment coming 9.5 years from now. (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.)

If the discount rate is 7 percent compounded monthly, what is the value of this annuity five years from now?

If the discount rate is 7 percent compounded monthly, what is the value three years from now?

If the discount rate is 7 percent compounded monthly, what is the current value of the annuity?

Value of the annuity $ If the discount rate is 7 percent compounded monthly, what is the current value of the annuity? Value of the annuity $