Question: I need answer this homework Q1. Q2.. a) b) c) Financial Modelling (FINA 415) Assignment 1 and 2 Semester 1 2022 Last date 25 November

I need answer this homework Q1. Q2.. a) b) c)
Financial Modelling (FINA 415) Assignment 1 and 2 Semester 1 2022 Last date 25 November 2021 Q1: Explain the nature of Annuity, what is the difference between finite and infinite annuity. Q2: Consider a periodic payment (C) of an annuity is $1000, life of the annuity (n) is 7 years and discount rate is 10%. a) What is this annuity is called: Finite / Infinite. b) Calculate the present value of this annuity using formula for a finite annuity
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