Question: 7 . 1 . 5 Develop an expression for the duration of a level n - payment annuity - immediate of 1 per period with

7.1.5 Develop an expression for the duration of a level n-payment
annuity-immediate of 1 per period with interest rate i per period,
and show that it is equal to 1d-nis?bar(ni).
 7.1.5 Develop an expression for the duration of a level n-payment

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