find tge present value of annuity immediate
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p=18000
rate=9%
time=3years
a=p(1+r/100)^t
18000(1+9/100)^3
18000(100+9/100)^3
18000×109/100×109/100×109/100
a=rs23310.522
ci=a-p=23310.522-18000=rs5310.522 ans
rate=9%
time=3years
a=p(1+r/100)^t
18000(1+9/100)^3
18000(100+9/100)^3
18000×109/100×109/100×109/100
a=rs23310.522
ci=a-p=23310.522-18000=rs5310.522 ans
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