Question: An n - year decreasing annuity is payable annually in arrear where the payment at the end of the first year is n , the

An n-year decreasing annuity is payable annually in arrear where the payment at the end of the first
year is n, the payment at the end of the second year is (n) and so on until the final payment at
the end of year n is 1.
(a) Show that the present value of this annuity is
n-a/bar(n)|i

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