Question: Please show all work and do not use excel. Quick response = thumbs up. 4. Annuity A pays X at the end of each year
Please show all work and do not use excel. Quick response = thumbs up.
4. Annuity A pays X at the end of each year for n years and has a present value of 493 . Annuity B pays 3X at the end of each year for 2n years and has a present value of 2748 . Assume that both annuitics have the same annual effective rate of interest i. Find the value of v2n, where v=(1+i)1
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