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Question: a 9year annuity of 18 8800 semiannual payments will begin...

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A 9-year annuity of 18 $8,800 semiannual payments will begin 10.5 years from now, with the first payment coming 11 years from now. If the discount rate is 12 percent compounded semiannually, what is the value of this annuity nine years and seven years from now? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Value of the annuity Nine years $ Seven years $ What is the value of the annuity today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Value today $

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