Question: You are given the following. ( i . ) A 2 n year annuity immediate pays 3 0 0 for the first n years and

You are given the following.
(i.) A 2n year annuity immediate pays 300 for the first n years and 500 for the second n years. When the annual effective interest rate is i, the present value for the annuity is 2249.087675.
(ii.) An n year deferred n year annuity immediate paying 600 per year has a present value of 1495.845665. This is also based on an annual effective interest rate of i.
(iii.) A 3n year annuity immediate pays 700 per year. If the present value is i in the odd numbered years and i-0.01 in the even numbered years, the present value is P.
Calculate P.
You are given the following.
(i.) A 2n year annuity immediate pays 300 for the first n years and 500 for the second n years. When the annual effective interest rate is i, the present value for the annuity is 2249.087675.
(ii.) An n year deferred n year annuity immediate paying 600 per year has a present value of 1495.845665. This is also based on an annual effective interest rate of i.
(iii.) A 3n year annuity immediate pays 700 per year. If the present value is i in the odd numbered years and i-0.01 in the even numbered years, the present value is P.
Calculate P.

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