Business, 08.03.2021 19:10 colleenroyle8717
You are given:
The present value of an annuity-due that pays 300 every 6 months during the first 15 years and 200 every 6 months during the second 15 years is 6,000.
The present value of a 15-year deferred annuity-due that pays 350 every 6 months for 15 years is 1,580.
The present value of an annuity-due that pays 100 every 6 months during the first 15 years and 200 every 6 months during the next 15 years is X.
The same interest rate is used in all calculations. Determine X.
A) 2302.
B) 2402.
C) 2502.
D) 2602.
E) 2702.
Answers: 1
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The present value of an annuity-due that pays 300 every 6 months during the first 15...
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