Sam has a 1 1 year annuity due making annual payments that grow geometrically at the rate
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Sam has a year annuity due making annual payments that grow geometrically at the rate The first payment is $ and the interest rate is i$ What is the present value of his annuity?
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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