Question: * 9 . Under an annuity - certain payable continuously for 1 0 years, payments are made at the rate of 1 per annum for

*9. Under an annuity-certain payable continuously for 10 years, payments are
made at the rate of 1 per annum for the first 3 months, 2 per annum for the
next 3 months, 3 per annum for the next 3 months and so on. To what
amount will the annuity payments accumulate by the end of the 10 years
assuming interest at 10% per annum convertible half-yearly?
 *9. Under an annuity-certain payable continuously for 10 years, payments are

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