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Uniform Series & Randomly Single Amounts ( cont ' d ) Example 3 . 4 A design - build - operate engineering company in Texas

Uniform Series & Randomly Single Amounts (cont'd)
Example 3.4
A design-build-operate engineering company in Texas that owns a sizable amount of land plans to -
mining and exploration company. The contract calls for the mining company to pay $20,000 per year for 20 years beginning 3 years from now (i.e., beginning at the end of year 3 and continuing through year 22) plus $10,000 six years from now and $15,000 sixteen years from now.
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