Question
:Alex pays $ 2621.068 for an annuity that pays him $ 500 at the end of every 4 months for 2 years. Elinor pays$ 2482.165
:Alex pays $ 2621.068 for an annuity that pays him $ 500 at the end of every 4 months for 2 years. Elinor pays$ 2482.165 for an annuity that pays her $ 700 at the end of every six months for 2 years. Who got the best deal? use Newton's method
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
