SOLVED:Estimate the present value of an annuity if payments are 00 monthly for 12 years and the account earns interest at the rate of 5 % / year compounded continuously.
SOLVED:Estimate the present value of an annuity if payments are 00 monthly for 12 years and the account earns interest at the rate of 5 % / year compounded continuously.
Estimate the present value of an annuity if payments are 00 monthly for 12 years and the account earns interest at the rate of 5 % / year compounded continuously.
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SOLVED: New York state has a pension fund liability of 25 billion, due in 10 years. Each year the legislature is supposed to set aside an annuity to arrive at this future value. This annuity is based on what the legislature believes it can earn on this money.Estimate the annuity needed each year for the next 10 years assuming that the interest rate that can be earned on the money is 6%.The legislature changes the investment rate to 8% and recalculates the annuity needed to arrive at the future
SOLVED: New York state has a pension fund liability of 25 billion, due in 10 years. Each year the legislature is supposed to set aside an annuity to arrive at this future value. This annuity is based on what the legislature believes it can earn on this money.Estimate the annuity needed each year for the next 10 years assuming that the interest rate that can be earned on the money is 6%.The legislature changes the investment rate to 8% and recalculates the annuity needed to arrive at the future
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