Question: please answer (b) and (c)! 2. (Annuities) (a) (2 marks) Compute the present value of an annuity due that pays 2,000 annually, at a rate

please answer (b) and (c)! 2. (Annuities) (a) (2 marks) Compute

please answer (b) and (c)!

2. (Annuities) (a) (2 marks) Compute the present value of an annuity due that pays 2,000 annually, at a rate of 3% p.a. effective, for 20 years. (b) (3 marks) Compute the accumulated value of an annuity immediate that makes semi-annual payments of 500 for 10 years and then it makes annual payments of 1,000 for another 10 years. The annual effective rate is 4%. (c) (3 marks) The annual effective rate is 5%. An annuity is paid continuously at a rate of P pounds per month. Its accumulated value after 10 years is 10,000. Find the monthly payment rate

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