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ANSWER NO. 2 Upload your solution and derived formula for the length of term and nominal rate for General Ordinary Annuity and Deferred Annuity. 1.

ANSWER NO. 2

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Upload your solution and derived formula for the length of term and nominal rate for General Ordinary Annuity and Deferred Annuity. 1. Future Value of General Annuity i(M) Mit 1+ 1 M. S = R , (MD) Mp 1+ 1 M 2. Present Value of General Annuity -Mit 1-1+ A= R i(M) M M (M) Mp 1+ - -1 M

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