# If the discount rate is 11 percent compounded monthly what is the current value of the annuity?

A 9-year annuity of eighteen \$6015 semiannual payments will begin 10 years from now with the f Show more A 9-year annuity of eighteen \$6015 semiannual payments will begin 10 years from now with the first payment coming 10.5 years from now. If the discount rate is 11 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).) Value of the annuity \$ If the discount rate is 11 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).) Value of the annuity \$ If the discount rate is 11 percent compounded monthly what is the current value of the annuity? (Do not round intermediate calculations and round your final answer to 2 decimal places (e.g. 32.16).) Value of the annuity \$ Show less

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\$12