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ica4 - Name 13mm lie UNIVERSITY OF ILLINOIS AT...

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Unformatted text preview: Name: 13mm lie: UNIVERSITY OF ILLINOIS AT URBANA-CHAMPAIGN Actuarial Science Program DEPARTMENT OF MATHEMATICS Math 210 Theory of Interest Prof. Rick Gorvett Fall, 2008 InuClass Assignment # 4 (4 problems worth 1/2 point each) Tuesday, September 16, 2008 This assignment is open-book, open—note, and you may work together in groups of no more than 4. However, each student must hand in her/his own answer sheet. (I) (2) (3) (4) You are standing at time 0. An annuity will make the following payments at the specified times: Payment $ 250 250 250 250 250 Time of Pament 4 (i.e., four years from now) 5 CON-J0 Next to each of the following formulas, write the numerical value of the point on the timeline for which the formula represents a correct discounted or accumulated value. Please circle your answers. ZSO-ES—t-(lflf @ .. 2 250-a5—IVV @ ZSO-as—I-(l+i)6 250-55741“) (CD ...
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