Mathematics, 14.06.2021 21:20 stef76

An annuity pays out $3000 at the beginning of each year in perpetuity. If the interest is 6% compounded annually, find: a/ The present value of the whole annuity;

b/ The present value of the annuity for payments received, starting from the end of 20th year.

plzz help me. i need this for my exam

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An annuity pays out $3000 at the beginning of each year in perpetuity. If the interest is 6% compounded annually, find: a/ The present value of the whole annuity; b/ The present value of the annuity for payments received, starting from the end of 20th year. plzz help me. i need this for my exam

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An annuity pays out $3000 at the beginning of each year in perpetuity. If the interest is 6% compounded annually, find: a/ The present value of the whole annuity;

b/ The present value of the annuity for payments received, starting from the end of 20th year.

plzz help me. i need this for my exam