A continuous payment level annuity pays $72 each year for twenty years. The force of interest at
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A continuous payment level annuity pays $72 each year for twenty years.
The force of interest at time t is 5/(3+2t). Find the present value of this annuity.
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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