{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Assignments

# Assignments - MA/STAT 170 Fall 2010 Assignments Homework is...

This preview shows pages 1–3. Sign up to view the full content.

MA/STAT 170 Fall 2010 Assignments Homework is due at the beginning of class. Place the assignment on the table in the front of class as you come in. Sometime during the class I will put the papers into my binder. After this point I will not accept any more papers. Some of the assignments precede the corresponding lecture. This is intentional. When studying for actuarial exams students often must learn material on their own. You should be able to answer the questions solely on the basis of the reading. #1, For Tuesday 8/31: Read notes, p.1-6. Do: p. 12, # 1, 2 , 4, 14, 41 (See Example 3, p. 3.) #2, For Thursday 9/2: Read the material on compounding intervals and present value, p. 6-8, stopping with Example 10. Do: p. 13, # 18, 19 , 20, 21, 22, 42 (see Example 4, p. 3), 47 ( Hint: Compute the present value of each payment and sum the results), 54 #3, For Tuesday 9/7: Read Examples 5 and 6 on p. 4. Also read the material on p. 8 beginning with formula (7) and ending with formula (8). Note: If you multiply both numerator and denominator in formula (7) by -1 you get (1-x^(n+1))/(1-x)= (x^(n+1)-1)/(x-1) It is this version of the formula that you use in Example 11. You let x=1.03 and n=19. Do: (60) How much will you have if you deposit \$200 dollars at the end of the year for the next 20 years if the account earns 4% interest per year. (Ans: \$5955.615715) Also Do: p. 13, # 23, 28, 44, 46, 50, 51, 53 #4, For Thursday 9/16:

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
A solution to the homework you turned in today will be posted on the web as well as solution to the one that was handed back today. CHECK THEM CAREFULLY SO THAT YOU DON’T REPEAT YOUR MISTAKES ON THIS NEW ASSIGNMENT.
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern