A nine-year annuity that makes 36 quarterly payments of
A nine-year annuity that makes 36 quarterly payments of $6,700 will begin 6 years from now with the first payment coming 6.25 years from now. If the discount rate is 4.5 percent compounded quarterly, what is the present value of the annuity?
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a nine-year annuity that makes 36 quarterly payments of 6700 will begin 6 years from now with the first payment coming
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