K is the unknown percent of the present value of R payments.

Chris bought perpuity immediate before he died for his family with payment of Rannually. His first daughter will received the first n payments. The next n years will received by son1 and son2 will get the rest of payments. Present value of payments for his daughter and son2 are 30%. K percent of the present value of R payments Find son2's present value in terms of percentage of the perpuity-immediate. Chris bought perpuity immediate before he died for his family with payment of Rannually. His first daughter will received the first n payments. The next n years will received by son1 and son2 will get the rest of payments. Present value of payments for his daughter and son2 are 30%. K percent of the present value of R payments Find son2's present value in terms of percentage of the perpuity-immediate