# Value of the Annuity Assignment | Homework For You

An 8-year annuity of sixteen \$6,780 semiannual payments will begin 12 years from now, with the first payment coming 12.5 years from now. If the discount rate is 9 percent compounded monthly, what is the value of this annuity five years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Value of the annuity \$C
If the discount rate is 9 percent compounded monthly, what is the value three years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Value of the annuity \$0
If the discount rate is 9 percent compounded monthly, what is the current value of the annuity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Value of the annuity \$0 Get Finance homework help today

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