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liasmith95

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An annuity due is a series of payments made at the beginning of each period in the series. Therefore, the formula for the future value of an annuity due refers to the value on a specific future date of a series of periodic payments, where each payment is made at the beginning of a period

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kingchloe33141
Present value of annuities and annuity payments The present value of an annuity is the sum of the discounted value of all future cash flows.

Answer:An annuity that pays $1,000 at the beginning of each yearPTM of the annuity selling for 2,541.15 $ 437.50 Present value of the Jackpot: $62,063,701

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