(Solved): please help as fast as you can 5) Determine the current amount of money that must be invested at \( ...

5) Determine the current amount of money that must be invested at \( 12 \% \) nominal interest, compounded monthly, to provide an annuity of 10,000 per year for 6years starting 12 years from now. The interest rate remains constant over this entire period of time. Answer: \( \sqrt{138018} \) \( f_{n} 13 \prod_{17} \quad i(4)=12.68 \% \)