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9. A man aged 30 is considering two annuities due. Each has the APV= 36,000. The first has annual payments of 2400 at the beginning
9. A man aged 30 is considering two annuities due. Each has the APV= 36,000. The first has annual payments of 2400 at the beginning of each year for life. The second has annual payments of 1600 at the beginning of each of the first 10 years and 3100 each year thereafter. Calculate the APV of a 10-year temporary life annuity due paying 5000 each year for (30). 9. A man aged 30 is considering two annuities due. Each has the APV= 36,000. The first has annual payments of 2400 at the beginning of each year for life. The second has annual payments of 1600 at the beginning of each of the first 10 years and 3100 each year thereafter. Calculate the APV of a 10-year temporary life annuity due paying 5000 each year for (30)
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