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the answers are a. 6866.52 b.6846.27 Problem 25.1 Calculate the present value of a continuous annuity of 1,000 per annum for 8 years at: (a)

the answers are
a. 6866.52
b.6846.27 image text in transcribed
Problem 25.1 Calculate the present value of a continuous annuity of 1,000 per annum for 8 years at: (a) An annual effective interest rate of 4%: (b) A constant force of interest of 4%

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