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| rev | Admin | (Created page with "'''Solution: D''' pv = 35000, i = .08 for first 7 years <math display = "block"> \begin{aligned} & 35000=4000\left[\mathrm{a}_{\overline{7}|0.08}+\mathrm{v}_{.08}{ }^7 \mathrm{a}_{\overline{9} \mid \mathrm{x}}\right] \\ & 8.75=\mathrm{a}_{\overline{7}|0.08}+\mathrm{v}_{.08} \mathrm{a}_{\overline{9} \mid \mathrm{x}} \\ & 6.073=\mathrm{a}_{\overline{9} \mid \mathrm{x}} \\ & \mathrm{i}=.0868\end{aligned} </math> {{cite web |url=https://digitalcommons.calpoly.edu/cgi/vie...") | Nov 22'23 at 0:22 | +678 |