QUESTION 2 10 you have a 12 year annuity paying $415 each six months beginning in 5 years when interest is 4.57% compoun
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QUESTION 2 10 you have a 12 year annuity paying $415 each six months beginning in 5 years when interest is 4.57% compoun
QUESTION 2 10 you have a 12 year annuity paying $415 each six months beginning in 5 years when interest is 4.57% compounded semi-annually, what is the number of missed payments? Treat the deferred annuity as an annuity due with the first payment at the 5 year mark