2 - 1 2 3 4 I p i t s 1. I pit 2. s p+pit=p(1+it) 3. p...

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Unformatted text preview: 1 2 3 4 I p i t s 1. I pit 2. s p+pit=p(1+it) 3. p s/(1+it) p=s-I=s-sit=s(1-it) 1 " " 2 FV n =PV(1+i) n FV n PV i n (1+i) n FVIF i,n FV n =PV FVIF i,n 3 FV n =PV(1+i) n PV= FV n PVIF i,n PVIFi,n 1 i=(1+r/M) M-1 r M i 4 i i= 1+r/m m 1 r/m mn F=P 1 r/m mn 1000 5 8% 5 8%4 2% 54 20 FVIF 20 =1000FVIF 2%,20 =10001.486=1486 Case1 FVIF 5 =PVFVIF i,5 1486=1000FVIF i,5 FVIF i,5 =1.486 FVIF 8%,5 =1.469 FVIF 9%,5 =1.538 i=8.25% 8% i=(1+r/M) M-1 ( )...
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This note was uploaded on 11/19/2011 for the course BUSINESS Finance taught by Professor Zheng during the Summer '05 term at Xiamen University.

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2 - 1 2 3 4 I p i t s 1. I pit 2. s p+pit=p(1+it) 3. p...

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