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Ms. Kamara Dunn purchase a life an time, with annual payments that will increase - 22,N,, = 36,000. N.-28.0 S = 220,000 and D., =

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Ms. Kamara Dunn purchase a life an time, with annual payments that will increase - 22,N,, = 36,000. N.-28.0 S = 220,000 and D., = 1,800. Dunn purchase a life annuity which will pay $2000 in one year annual payments that will increase by 100 per year thereafter. Crven hormative Givenx 000. N =28,000 N = 10,000, S., = 360.000. S -280,000 Find a) The present value of this life annuity = if a maximum of 10 b) The present value of this life annuity - payments is to be made; c) The present value of this life annuity = -, if payments increase to a maximum of $5600 and then remain constant thereafter, d) The present value of this life annuity = if payments decrease by $400 per year starting from in year two until reaching payments of $0. Ms. Kamara Dunn purchase a life an time, with annual payments that will increase - 22,N,, = 36,000. N.-28.0 S = 220,000 and D., = 1,800. Dunn purchase a life annuity which will pay $2000 in one year annual payments that will increase by 100 per year thereafter. Crven hormative Givenx 000. N =28,000 N = 10,000, S., = 360.000. S -280,000 Find a) The present value of this life annuity = if a maximum of 10 b) The present value of this life annuity - payments is to be made; c) The present value of this life annuity = -, if payments increase to a maximum of $5600 and then remain constant thereafter, d) The present value of this life annuity = if payments decrease by $400 per year starting from in year two until reaching payments of $0

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