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PLEASE ANSWER BOTH QUICKLY FOR A THUMBS UP!! MATHEMATICAL INTEREST THEORY THANKS IN ADVANCE The unit decreasing immediate annuity has 30 annual payments 30,29,,1, at
PLEASE ANSWER BOTH QUICKLY FOR A THUMBS UP!!
The unit decreasing immediate annuity has 30 annual payments 30,29,,1, at times 1,2,.,30. The annual effective interest rate is 10%. Find its present value. Samantha receives a 10,000 life insurance benefit. If she uses the proceeds to buy an n-year annuity-immediate, the annual payout will be 1,700 . If a 2n-year annuity-immediate is purchased, the annual payout will be 1,050 . Calculate vn. (Keep your answer in 4 decimal places.) MATHEMATICAL INTEREST THEORY
THANKS IN ADVANCE
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