What is the present value of a 15-year continous annuity starting today with a rate of payment
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What is the present value of a 15-year continous annuity starting today with a rate of payment r(t) = 100 · t and a force of interest δ(t) = 2/(1+t) ? What was the value of this annuity one year ago? What will be the value of this annuity in ten years?
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1y h fMTX where each 100 t 100 X 15 annuity paymant PMT a... View the full answer
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