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4. Annuity A pays 1 at the end of each mth of a year during year 1, 2 at the end of each mth of
4. Annuity A pays 1 at the end of each mth of a year during year 1, 2 at the end of each mth of a year during year 2, and so on, for 6 years. Annuity B pays 1/m at time 1/m, 2/m at time 2/m, and so on, for B 6 years. The present value of annuity A is 1.1511 times the present value of annuity B at an annual effective interest rate of 9.7%. Find d(m) 4. Annuity A pays 1 at the end of each mth of a year during year 1, 2 at the end of each mth of a year during year 2, and so on, for 6 years. Annuity B pays 1/m at time 1/m, 2/m at time 2/m, and so on, for B 6 years. The present value of annuity A is 1.1511 times the present value of annuity B at an annual effective interest rate of 9.7%. Find d(m)
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