Question: (2.9a) Can someone please help me with this problem? Attached is an example to help Question 5 1 pts At a rate of interest, i,
(2.9a)
Can someone please help me with this problem? Attached is an example to help
Question 5 1 pts At a rate of interest, i, where i >0, a 40-year annuity immediate with annual payments of $7 has the same present value as a 20-year annuity- immediate with annual payments of $11. In how many year does money double at rate of interest, i? [3.g #08] 5. At a rate of interest, i, where i> 0, a 44-year annuity immediate with annual payments of $9 has the same present value as a 22-year annuity-immediate with annual payments of $11. O 27.25 O 28.49 In how many year does money double at rate of interest, i? [3.g #08] O 26,01 C) 8.62 A) 10.14 B) 8.11 D) 9.12 E) 9.63 O 23.53 (1070758) - 2 = O 24.77 t = 10.13861 1.22222 I+v22 = 1.22222 i = 7.075S8 %
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