Consider an annuity for 10 years, whose payments vary in
geometric progression. An annual effective interest rate of 6% is
used. Obtain the financial value at t = 29/05/2010 of this annuity
considering different cases:
Annual payments increasing 3% annually. First payment (€1,650;
29/05/2011).
Annual payments increasing 5% annually. First payment (€1,650;
29/05/2011).
Monthly payments increasing 0.3% monthly. First payment (€175;
29/06/2010).
Monthly payments, constant during the year and increasing 4%
annually. First payment (€175; 29/06/2010).