Mathematics, 14.06.2021 21:10 Chris5181
An annuity pays out $3000 at the beginning of each year in perpetuity. If the interest is 6% compounded annually, find:
a/ The present value of the whole annuity;
b/ The present value of the annuity for payments received, starting from the end of 20th year.
Answers: 2
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An annuity pays out $3000 at the beginning of each year in perpetuity. If the interest is 6% compoun...
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