Saved A 20-year annuity of forty $12,000 semiannual payments will begin 10 years from now, with the first payment coming 10.5 years from now. Required: (a)If the discount rate is 11 percent compounded monthly, what is the value of this annuity 5 years from now? (Click to select) (Click to select) (b) ant value of the annuity? 189,369.94 122,205.85 18,320.92 107,340.42 109,531.04 Saved A 20-year annuity of forty $12,000 semiannual payments will begin 10 years from now, with the first payment coming 10.5 years from now. Required: (a)lf the discount rate is 11 percent compounded monthly, what is the value of this annuity 5 years from now? (Click to select) (b)What is the current value of the annuity? 63,352.45 (Click to select 189,369.94 66,917.67 10,596.77 63,352.45 62,085.40