A six-year annuity of 8500 quarterly payments will begin 9, Financial Management

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A six-year annuity of 8500 quarterly payments will begin 9

A six-year annuity of $8500 quarterly payments will begin 9 years from now. The discount rate is 9%, compounded quarterly.

a) How much is this annuity worth 5 years from now?

b) How much is this annuity worth 2 years from now?

c) How much is this annuity worth today?

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Financial Management: A six-year annuity of 8500 quarterly payments will begin 9

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Financial Management: A six-year annuity of 8500 quarterly payments will begin 9

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