A series of + 1 payments are made as follows: 1 at the end of the
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A series of « + 1 payments are made as follows: 1 at the end of the first year, 2 at the end of each of the next n — 1 years, and 1 at the end of year n-\- \. Show that the value of these payments at t = 0 is amaz 21.
AppendixLO1
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Theory Of Interest And Life Contingencies With Pension Applications A Problem Solving Approach
ISBN: 978-1566983334
3rd Edition
Authors: Asa Michael M. Parmenter, Ph.d.
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