find the amount of an annuity due of Rs 25 a year for 5 years at 4 percent per annum.
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Payments of $500 are made at the end of each year for 10 years. Interest has ... 91. = 1 is. 3|i. = 1. (1 + i)3 - 1. So. (1 + i)3 = 91. 125. + 1 = 216. 125. 1 + i = 6. 5 i = .20. 4-7 ... Find an expression for the present value of an annuity-due of $600 per annum payable semiannually for 10 years, if d(12) = .09 . -----------. 4-9 ...
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