Answer Happy

Posted: **Mon Apr 25, 2022 8:35 am**

: At An Annual Effective Interest Rate Of 10 1 An Annuity Immediate With 4n Level Annual Payments Of 900 Has A Present V 1 (23.77 KiB) Viewed 34 times

At an annual effective interest rate of 10.1%, an annuity immediate with 4N level annual payments of 900 has a present value of 8721. Determine the fraction of the total present value represented by the first set of N payments and the third set of N payments combined.