$2,000 are deposited into a fund at the beginning of each year for 20 years. Starting...

$2,000 are deposited into a fund at the beginning of each year for 20 years. Starting from the beginning of the 26th year, the balance can support annual payment D lasting forever. Find D if the nominal interest rate compounded continuously is 8%.

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jeff jeffy answered 2 years ago

Question 24 For five years, P200,000 will be deposited in a fund at the beginning of...

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