Business
Business, 18.11.2021 23:20, cecy1127

What is the life expectancy of Mr. Jones? (b) What is the present value of an annuity at 8% interest that has a lifetime equal to Mr.
Jones's life expectancy? (For an annuity of a nonintegral number of years, use an
averaging method.)
(c) What is the expected present value of the annuity?

answer
Answers: 2

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What is the life expectancy of Mr. Jones? (b) What is the present value of an annuity at 8% intere...

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