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April 18, 2014

April 18, 2014

Posted by **math help plz** on Saturday, April 30, 2011 at 11:38pm.

- Math -
**drwls**, Sunday, May 1, 2011 at 5:01amDo annuity payments stop at death? Or is lump sum payment made to a beneficiary? If either case, age and actuarial data on life expectancy are needed.

- Math -
**Mgraph**, Sunday, May 1, 2011 at 6:09amThe present value of the annuity (due)

An=P*(1-v^n)/(1-v) where v=1/(1+i)

P=18000, n=8, i=0.069

A8=115346

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