Quiz 4 P - PV one year before 1st payment. We need to take...

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ACTSC 231 Solutions for Quiz 4 pink 1. Let j 1 = i (12) 12 = 4% 12 = 0 : 3333333% Let j 2 = i (2) 2 = 1 + i (12) 12 ± 12 = 2 1 = (1 : 0033333333) 6 1 = 2 : 0167407% 200 a 24 j j 1 + 300 a 12 j j 2 (1 + j 2 ) 4 = 7531 : 71 2. i = ² 1 + : 06 12 ³ 12 1 = 6 : 1677812% 750 : 061677812
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Unformatted text preview: PV one year before 1st payment. We need to take this value forward 10 months. 750 : 061677812 ² 1 + : 06 12 ³ 10 = 12781 : 83 1...
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This note was uploaded on 02/07/2010 for the course ACTSC 231 taught by Professor Chisholm during the Spring '09 term at Waterloo.

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