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HW5_Deferred Annuities and More Complicated Equivalence Calculations_EE
- Institution
- Rutgers University - New Brunswick/Piscataway
- Book
- Engineering Economy
A deferred annuity is an annuity that does not begin making payments until a specified date in the future. In engineering economy, deferred annuities are often used to evaluate investments in which cash inflows or outflows are expected to occur at a future date. Engineers use present worth, future ...
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