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Calculating present values a 6-year annuity of twelve 7750

Question: Calculating Present Values. A 6-year annuity of twelve $7,750 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. If the discount rate is 9 percent compounded semiannually, what is the value of this annuity five years from now? What is the value three years from now? What is the current value of the annuity?

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Finance Basics: Calculating present values a 6-year annuity of twelve 7750

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