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A six-year annuity of twelve $8,250 semiannual payments will begin nine years from now, with the first payment coming 9.5 years from now. a.

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A six-year annuity of twelve $8,250 semiannual payments will begin nine years from now, with the first payment coming 9.5 years from now. a. If the discount rate is 8 percent compounded semiannually, what is the value of this annuity five years and three years from now? Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. What is the value of the annuity today? Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. a. Value in five years Value in three years b. Value today $ 47,228.87 X 39,654.62 X 30,450.61 X

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