Question: Please show work so i can learn the steps An 11-year annuity has a series of payments 1, 2, 3, 4, 5, 6, 5, 4,
Please show work so i can learn the steps
An 11-year annuity has a series of payments 1, 2, 3, 4, 5, 6, 5, 4, 3, 2, 1, with the first payment made at the end of the second year. The present value of this annuity is 25 at interest rate i. A 12 year annuity has a series of payments 1,2,3,4,5,6,5,4,3,2,1, with the first payment made at the end of the first year. Calculate the present value of the 12 year annuity at interest rate i. An 11-year annuity has a series of payments 1, 2, 3, 4, 5, 6, 5, 4, 3, 2, 1, with the first payment made at the end of the second year. The present value of this annuity is 25 at interest rate i. A 12 year annuity has a series of payments 1,2,3,4,5,6,5,4,3,2,1, with the first payment made at the end of the first year. Calculate the present value of the 12 year annuity at interest rate
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