A question I have come across requires us to work out
but I can't seem to find any texts that explicitly state how to remove (12), I was told it's the same as without it, so I can ignore it, but then would the (m)thly conversions for most other annuities hold so that it can be written as the the SL + SL - JL, then convert those normally by subtracting (m-1/2m) for each one?
Edit: Those annuities (the SL + SL - JL) should be annuities due
Last edited by a moderator: Nov 2, 2019