What is the current value of the annuity what is the value


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% 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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Financial Management: What is the current value of the annuity what is the value
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