James purchases a retirement annuity which provides monthly payments when he reaches the age of 65. Q1 If James is 58 no
Posted: Sat Mar 19, 2022 5:55 pm
James purchases a retirement annuity which provides monthly
payments when he reaches the age of 65. Q1 If James is 58 now and
you treat this as an annuity due, how many months will this loan
accrue interest at basic compound interest before payments start? Q
2If James is 50 now and you treat this as a regular annuity, how
many months will this loan accrue interest at basic compound
interest before payments start?
payments when he reaches the age of 65. Q1 If James is 58 now and
you treat this as an annuity due, how many months will this loan
accrue interest at basic compound interest before payments start? Q
2If James is 50 now and you treat this as a regular annuity, how
many months will this loan accrue interest at basic compound
interest before payments start?