- Rates of Return & Discounted C... Saved a. A 6-year annuity consisting of twelve semiannual payments of $7,000 will make the first payment 9.5 years from now. The discount APR is 11 percent compounded monthly. 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.) b. 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.) What is the current value of the annuity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. a. b. Value at Year 5 Value at Year 3 Value today C. 22 W