Question: Suppose s n | i = 4 0 and ( 1 + i ) n = 3 . 7 , where i is an effective

Suppose sn|i=40 and (1+i)n=3.7, where i is an effective annual interest rate.
What is the present value of an annuity-immediate which has annual payments of 150 for 3n years?
Suppose sn|i=40 and (1+i)n=3.7, where i is an effective annual interest

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