Question: Please solve this problem clearly and explain all the steps ASAP. this is the whole question A continuous 5-year annuity pays at the rate of
Please solve this problem clearly and explain all the steps ASAP.
this is the whole question
A continuous 5-year annuity pays at the rate of (2"3"1'2*"3"5t dollars per annum at time t (0 S t 5 5). Calculate the present value of the annuity when the force of interest at time t is 6; = 0.1 0.02t
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