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A six-year annuity of $10000 quarterly payments will begin 8 years from now. The discount rate is 9%, compounded quarterly. a. How much is this

A six-year annuity of $10000 quarterly payments will begin 8 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 today?

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