Q1 a) you want to buy an ordinary annuity that will pay you $4,000 a year for the next 20 years. You expect annual interest rates will be 8 percent over that time period. What is maximum price you would willing to pay for the annuity
b) Find the future value of amount 100 if interest rate is 10% and number of years is 10
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here