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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License. math exams: Question FM 11/27/2011 10:26

Sunday, November 27, 2011

Question FM 11/27/2011 10:26

An annuity pays 100 at the end of each of the next 10 years and 200 at the end of each of the next 10 years following. If 1=0.08, find the present value of the annuity.

Ans : $100[a_{\bar{20}}+a_{\bar{10}}\nu^{10}]$

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