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1. If = 6%, and = 10, find 15| and 15| . 2. Find the present value of an annuity due with 17 annual payments

1. If = 6%, and = 10, find 15| and 15| .

2. Find the present value of an annuity due with 17 annual payments of 100, 96, 92, ,36. Use effective annual rate of 4%.

3. At any moment , a continuously-varying continuous 5-year annuity makes payments at the rate of 2 per year at moment . The force of interest is 5%. Determine the present value of this annuity

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