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a.In return for payments of $200 at the end of 5 years and $300 at the end of 10 years, a man agrees to pay
a.In return for payments of $200 at the end of 5 years and $300 at the end of 10 years, a man agrees to pay X at the end of 3 years and 2X at the end of 6 years. Determine X if d = 3.5%.
b.The present value of two payments of 100 each to be made at the end of n years and 2n years is 100. If i = .035, determine n.
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