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| rev | Admin | (Created page with "'''Solution: A''' <math display="block"> P V_X=2500\left[\frac{1-\left(\frac{1.05}{1.04}\right)^{20}}{0.04-0.05}\right]=52,732.61 </math> Annuity <math>\mathrm{Y}</math> has the same increasing percentage as interest rate, so: <math display="block"> \begin{aligned} & P V_Y=30 k \\ & P V_X=P V_Y \implies k=1757.75 \end{aligned} </math> {{soacopyright | 2023 }}") | Nov 18'23 at 20:59 | +371 |