Question: Problem 2 ( 2 points ) : An annuity pays out $ 3 0 0 0 at the beginning of each year in perpetuity. If
Problem points: An annuity pays out $ at the beginning of each year in perpetuity. If the interest is compounded annually, find:
a The present value of the whole annuity;
b The present value of the annuity for payments received, starting from the end of year.
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