What is the value of those annuity today

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Question - Given

Discount rate of 12%

Annuity 1:

- 6 monthly payments

- The 1st payment is $200, starts immediately, and grow at 0.5% per month.

Annuity 2:

- pay $600 every quarter for 2 quarters

Required -

1. What type of annuity is those 2?

2. WHat is the PMT/CF, i (%) and growth rate?

3. What is the value of those annuity today?

Reference no: EM133251558

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