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Please see attached. #48. Question: A 5-year annui...

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Please see attached. #48. Question: A 5-year annuity of 10 $7,800 semiannual payments worth begin 9 years from now. If the discount rate is 9% compounded semiannually, what's the value of this annuity 5 years from now? What's the value 3 years from now? What's the current value of the annuity?

 

Paper#4100 | Written in 18-Jul-2015

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