Extra Problems 1 a

Extra Problems 1 a - 5% for the following 6 years, what is...

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ACTSC 231 Extra Problems 1a 1. Given the amount function A ( t ) = 7 e : 03 t : Find: (a) the amount of principal invested, (b) the accumulation function, (c) the interest earned in the 7 th year, and (d) the annual e/ective rate of interest in the 7 th year. 2. It is known that $900 invested for two years will earn $130.41 in inter- est. Find the accumulated value of $1000 invested at the same rate of 3. If funds invested today will earn 8% for the next 4 years and at least
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Unformatted text preview: 5% for the following 6 years, what is the most one must invest today to accumulate $10,000 in 10 years? 4. For each of the following &nd the equivalent rate (a) Given i (2) = 6% &nd an equivalent rate i (4) ; (b) Given d (4) = 6% &nd an equivalent rate i (2) ; (c) Given & = 6% &nd an equivalent rate d (2) ; (d) Given i ( 2 3 ) = 6% &nd an equivalent rate & . 5. Find the following derivatives: a) d dd i b) d d& d ( m ) c) d di ( m ) d d) d dv d 1...
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