Question
Find the values of the following continuous annuities on October 31, 2017. a) Payments at the rate of $100,000 per year made from November 1,
Find the values of the following continuous annuities on October 31, 2017.
a) Payments at the rate of $100,000 per year made from November 1, 2017 to October 31, 2027. Use i=6.5%.
b) Payments at the rate of $250,000 per year made from November 1, 2010 to October 31, 2017. Use d=5%.
c) Payments at the rate of $500,000 per year made from April 1, 2019 to March 31, 2025. Use =6%.
d) Payments at the rate of $80,000 per month made from February 1, 2009 to January 31, 2015. Use i=4.5%.
e) Payments at the rate of $20,000 per month made for 10 years starting on July 1, 2012. Use =5%.
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