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Social Science4. Recall the formula for an annuity, now written as a four-variable function:A(R, r, n, t) = RI(1+r/tr-iwhere R is the value of the recurring payment, r is the annual percentage rage, n is thenumber of years the annuity is i ments per year., and t is the number of payДА ДА ДА ДА(a) Compute-R, Or, n. at(b) Suppose R 2000, r-0.06, п-20.ț12. Úse these numbers to find the numericvalues of the partial derivatives computed in part (a). Round your answer to the nearestinteger
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4. Recall the formula for an annuity, now written as a four-variable function: A(R, r, n, t) = RI(1+r/tr-i where R is the value of the recurring payment, r is the annual percentage rage, n is the number of years the annuity is i ments per year. , and t is the number of pay ДА ДА ДА ДА (a) Compute-R, Or, n. at (b) Suppose R 2000, r-0.06, п-20.ț 12. Úse these numbers to find the numeric values of the partial derivatives computed in part (a). Round your answer to the nearest integer
Expert Answer
The formula of the annuity function with four variable R, r, n and t where, R represents the recurring payment, r represents percentage rage, n represents the number of years for which the amount invested and t represents the number of payments per year is:
Differentiate the annuity function partially with respect to R.
Differentiate the annuity function partially...
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