What is the value of the annuity seven years from now

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Question: A 7-year annuity of 14 $10, 200 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 semiannually, what is the value of this annuity seven years and five years from now?

What is the value of the annuity today?

Reference no: EM131928799

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