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110 points] An increasing gentnetric annuity pays according to the following scheme: at time 7 it pays $(1+8). at time 8 it pays 16(1+8) at

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110 points] An increasing gentnetric annuity pays according to the following scheme: at time 7 it pays $(1+8). at time 8 it pays 16(1+8) at time 9 it pays 24/1+8). The payments continue forever according to the above increasing geometric patterm. For instance the next payment is 32(1+5)* which means 32 multiplied by (1+el The effective interest rate per period is i-0,1766. The value of this annuity at time 0 is 235.09. Assume that 0

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