Question
Uptown insurance offers an annuity due with semi annual payments for 25 years at 6% interest. The annuity cost $200,000 today. What is the amount
Uptown insurance offers an annuity due with semi annual payments for 25 years at 6% interest. The annuity cost $200,000 today. What is the amount of each annuity payment? Please Show Work.
A. 7546.70
B. 7600.00
C. 7773.10
D. 7800.00
E. 7856.25
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Energy Finance And Economics Analysis And Valuation Risk Management And The Future Of Energy
Authors: Betty Simkins, Russell Simkins
1st Edition
1118017129, 978-1118017128
