A 10-year annuity payable continuously has an annual
A 10-year annuity payable continuously has an annual payment rate h(t) = 1.03^t at time t (0 lessthanorequalto t lessthanorequalto 10). Given that the annual effective rate of interest is 6%, calculate the present value of this annuity.
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a 10-year annuity payable continuously has an annual payment rate ht 103t at time t 0 lessthanorequalto t
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