Question: PLEASE ANSWER QUICKLY FOR A THUMBS UP MATHMATICAL INTEREST THEORY A 25 -year annuity-immediate is purchased for 10.000 with level annual payment 700 . What

PLEASE ANSWER QUICKLY FOR A THUMBS UP

MATHMATICAL INTEREST THEORY

A 25 -year annuity-immediate is purchased for 10.000 with level annual payment 700 . What is the effective annual interest rate? An annuity-immediate has quarterly payments of 500 for 5 years at a rate of 4% convertible quarterly. Find its present value

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