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Manual For SOA Exam FM/CAS Exam 2.
Chapter 3. Annuities. Section 3.3. Level Payment Perpetuities. Example 1 The Present Value Of A Series Of Payments Of 3 At The End Of Every Eight Years, Forever, Is Equal To 9.5. Calculate The Effective Annual Rate Of Interest. Solution: The 8–year Interest Factor Is (1+i)8. So, The 8–year Effective Interest Rate Is … 11th, 2024
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