Question: Please show all work 2. [ 20pts] In return for payments of $500 at the end of year 3(t=3) and $800 at the end of

Please show all work 2. [ 20pts] In return for payments

Please show all work

2. [ 20pts] In return for payments of $500 at the end of year 3(t=3) and $800 at the end of year 6(t=6) an investor agrees to make an initial (t=0) deposit of $900 and deposit an additional $160 at time t=k. The effective rate of interest is 5% Find k

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