Question: 9) A level payment annuity-immediate with 4n payments is to be shared by Bob and Carol and Ted and Alice. Bob will receive the first

9) A level payment annuity-immediate with 4n payments is to be

9) A level payment annuity-immediate with 4n payments is to be shared by Bob and Carol and Ted and Alice. Bob will receive the first n payments, Carol, the second n payments, Ted the third n payments, and Alice the remaining payments. Ted's share is worth 49 of Bob's share. What is the ratio of Carol's share to Alice's share? (we are comparing present values at the present time)

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