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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.

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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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