Solve Fibonaccis annuity problem given in the Anecdote: Compare the PV of a stream of quarterly cash

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Solve Fibonacci’s annuity problem given in the Anecdote: Compare the PV of a stream of quarterly cash flows of 75 bezants versus the PV of a stream of annual cash flows of 300 bezants. Payments are always at period-end. The interest rate is 2% permonth.What is the relative value of the two streams? Compute the difference for a 1-year investment first.

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