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Category > Business & Finance Posted 01 Jun 2017 My Price 7.00

A 5-year annuity of ten $8,000 semiannual

A 5-year annuity of ten $8,000 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now.

If the discount rate is 8 percent compounded monthly, what is the value of this annuity five years from now? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

 

   

If the discount rate is 8 percent compounded monthly, what is the value three years from now? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

 

If the discount rate is 8 percent compounded monthly, what is the current value of the annuity?

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Status NEW Posted 01 Jun 2017 05:06 AM My Price 7.00

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