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If y ou deposit OMR 9 ,000 annually into a life ins urance fund at end of the next 9 years, after which time you
If you deposit OMR 9,000 annually into a life insurance fund at end of the next 9 years, after which time you plan to retire. if you wish to receive annuities for the next 25 years (years 10through 35). Instead of a lump sum. What is the constant annual payment you expect to receive at the end of each year if you assume an interest rate of 6.5% during the deposit period and 11.25% percent during the distribution period?
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