After taking out a loan today at a rate of 7%, an individual must repay €10,000, €20,000 and €30,000 in one, two and three years respectively. 1) What is the amount borrowed? Following difficulties, he cannot pay these amounts and the bank accepts that he repays in two identical annual installments at the end of the fourth and fifth years. 2) What is the amount of these two annuities?

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Pour calculer la valeur actuelle dune annuit de paiements de 50 00... View the full answer