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please add good explanation & step by step instruction. info of TI-84 calcualtions wiuld be super helpful A 6-year annuity of twelve $10,200 semiannual payments
please add good explanation & step by step instruction. info of TI-84 calcualtions wiuld be super helpful 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. The discount rate is 8 percent compounded monthly b. a. 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.) 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.) C. What is the current value of the annuity? (Do not round intermediate colculations and round your answer to 2 decimal places, e.g., 3216.) Answer is complete but not entirely correct. Value at Year 5 Value at Year 3 Value today 11,046 01 27,149.00 11,934.00 %
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