On page 332 of book 6, exhibit 5 is given were they calculate an annuity using an adjusted rate. They have footnote where adjusted rate = (1 + discount)/(1 + growth rate) - 1

Above is if discount rate > growth.

How do we do if growth > discount rate? Exhibit 12 for Jessica’s case is when growth is > discount rate. How do I find this adjusted rate to do the annuity calculation? Thanks

Growth rate can’t be larger than discount rate. Where are they getting 1, 644,000 from?