1. 

   anjalis55 Member

   Please explain me the terms in bracket 1+ 1.05/1.04^2+....

    

   anjalis55, Aug 22, 2017

   #1
2. 

   John Lee ActEd Tutor Staff Member

   They are the present value of the compound increasing annuity payments.

    

   John Lee, Aug 29, 2017

   #2

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