Quiz 10 P - ACTSC 231 Quiz 10 pink :5 00 1. a) 95 = 100 (1...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ACTSC 231 Quiz 10 pink :5 00 1. a) 95 = 100 (1 + i0;:5 ) =) i0;:5 = 195 1 = 10:80332410% :5 1 97:40 = 4 (1 + i0;:5 ) + 104 (1 + i0;1 ) =) i0;1 = 97:40104(:95) 4 11:1111111111% 1 :5 00 2=3 1 = 11:443322% 85 = 100 (1 + i0;1:5 ) =) i0;1:5 = 185 2 1= 101 = 6 (1 + i0;:5 ) =) i0;1:5 = :5 + 6 (1 + i0;1 ) 1 + 6 (1 + i0;1:5 ) 2=3 1 :5 + 106 (1 + i0;2 ) 2 106 101 6(:95) 6(:90) 6(:85) :5 1= 11:8033989% 1 :5 b) (1 + i0;:5 ) (1 + f:5;1:5 ) = (1 + i0;1:5 ) (1:11443322:)1:5 (1:1080332410):5 =) f:5;1:5 = (1+i0;1:5 )1:5 (1+i0;:5 ):5 1= 1 = 11:7647059% 95 85 or f:5;1:5 = 1 = 11:7647059% 1 ...
View Full Document

Ask a homework question - tutors are online