5.38. The payments of a 20 year annuity-due of $800 per month are guaranteed in the first...

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5.38. The payments of a 20 year annuity-due of $800 per month are guaranteed in the first 10 years. Find the present value of the annuity at the age of 40, based on a 6% annual rate of interest.

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An Introduction To Actuarial Mathematics

ISBN: 978-9048159499

1st Edition

Authors: Arjun K. Gupta ,Tamas Varga

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Question Posted: Nov 01, 2024 07:01 AM

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5.38. The payments of a 20 year annuity-due of $800 per month are guaranteed in the first 10 years. Find the present value of the annuity at the age of 40, based on a 6% annual rate of interest.
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5.38. The payments of a 20 year annuity-due of $800 per month are guaranteed in the first...

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An Introduction To Actuarial Mathematics

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