Question: do not use excel pls using formula step by step by hand 9. The following three annuities have the same present value: 1) A 60-year

 do not use excel pls using formula step by step by

do not use excel pls using formula step by step by hand

9. The following three annuities have the same present value: 1) A 60-year annuity-due paying 1 per year at an annual effective interest rate of 6% ii) A 50-year annuity-immediate paying 1 per year at an annual effective interest rate of i% iii) An n-year annuity-immediate paying 1 per year at an annual effective interest rate of i-1% Calculate n

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