3. On 01-01-2011 a man purchased an annuity of Rs 350,payable at the end of the year for 10 years its effect

from 31-1

3. On 01-01-2011 a man purchased an annuity of Rs 350,payable at the end of the year for 10 years its effect

from 31-12-2017 reckoning interest at 4% p.a. compound. Find (i) the amount e will have to pay for it and (ii)

the accumulated amount he will expect , if such annuities remain unpaid ill the end of the last annuity?​