Question: When computed using an effective interest rate of 7, it is known that the present value of 52600 at the end of each year for

When computed using an effective interest rate of
When computed using an effective interest rate of 7, it is known that the present value of 52600 at the end of each year for 2n years plus an additional $800 at the end of each of the first n years is $70099. Using this same interest rate, the present value of an 7 year deferred annuity-immediate paying $4400 per year for m years is $34430. Compute the followings: i= | | % (Use 4 decimal places.) n= | | (Note. mis an integer.) HINT: First find and and a@s,, then v\" and @. ani

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