You are given the present value of a n-payment annuity-due paying 1 per year is 13.0853...

You are given the present value of a n-payment annuity-due paying 1 per year is 13.0853 and the present value of a payment of 1 payable at the end of m years is 0.613913.

Find the present value of an m-year deferred annuity-due with n-payments of 50,000.

Expert Solution

jeff jeffy answered 2 years ago

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