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Jasper is bequeathed a thirty - year deferred annuity that has a payment at the end of each third year. The first payment is for
Jasper is bequeathed a thirtyyear deferred annuity that has a payment at the end of each third year. The first payment is for $ and is made five years after she receives the inheritance. There is always an increase of $ from one payment to the next. Find the value of her legacy at the time of the bequest, assuming that the annual effective interest rate remains level at Do this problem twice, once using Chapter methods and once using Section techniques. Please use Theory of Interest and Financial math techniques, no excel
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