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Mathematics, 20.02.2020 17:03 connienash95

You are given: X is the current value at the end of year two of a 20-year annuity-due of 1 per annum, starting immediately. The annual effective interest rate for year t is 1(8+t). Calculate X.

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You are given: X is the current value at the end of year two of a 20-year annuity-due of 1 per annum...

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