A 4-year annuity with eight semiannual payments of $13,000 will begin 7 years from now, with the first payment coming 7.5 years from now.
If the discount rate is 15 percent compounded monthly, what is the value of this annuity five years from now?
Value of the annuity $ If the discount rate is 15 percent compounded monthly, what is the value three years from now?
Value of the annuity $ If the discount rate is 15 percent compounded monthly, what is the current value of the annuity?