What is the value three years from now

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Question - A 5-year annuity of ten Php40,000 semi-annual payments will begin 9 years from now, with the first payment coming 9.5 years from now. If the discount rate is 14 percent compounded monthly.

Required -

A. What is the value of this annuity five years from now?

B. What is the value three years from now?

C. What is the current value of the annuity?

Reference no: EM133183280

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