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32-33 both xx 32. You have two options: - Buy an ordinary perpetuity that pays $2000 every 6 -months or - Buy an annuity-due that

32-33 both xx image text in transcribed
32. You have two options: - Buy an ordinary perpetuity that pays $2000 every 6 -months or - Buy an annuity-due that pays $R every three months for 20-years Both annuities have an interest rate of j4=8% and have the same present value. What is the value of R ? You are given: a800.02=39.7445 (A) $1233.27 (B) $1245.58 (C) $1221.16 (D) $1258.04 33. A total of 10 annual deposits of $1200 are made, with the first deposit made today. What is the accumulated value of these deposits at the end of 15 years, if j4=10% ? (A) $35,230.52 (B) $31,917.12 (C) $34,506.62 (D) $31,369.66

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