A seven-year annuity of fourteen $7,400 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)

If the discount rate is 12 percent compounded monthly, what is the value of this annuity five years from now?

Value of the annuity $

If the discount rate is 12 percent compounded monthly, what is the value three years from now?

Value of the annuity $

If the discount rate is 12 percent compounded monthly, what is the current value of the annuity?

Value of the annuity $