extra_problems_4

extra_problems_4 - 1. Given an interest rate of 12%...

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1. Given an interest rate of 12% compounded monthly, calculate the present value of an annuity which pays $300 at the end of each month for two years. 2. Given an interest rate of 6% compounded quarterly, calculate the present value of an annuity which pays $100 at the end of each quarter for 1.5 years. 1
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3. Given an interest rate of 1% compounded semi-annually, calculate the present value of an annuity which pays $200 at the end of each half-year for eighteen years. 2
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value of a 5 year annuity which pays $500 at the end of each quarter. value of a 4 year annuity which pays $300 at the end of each month. 3
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a 2 year annuity which pays $125 at the end of each month. 4
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of a perpetuity which pays $100 per month.
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This note was uploaded on 03/30/2012 for the course ACTSC 231 taught by Professor Chisholm during the Spring '09 term at Waterloo.

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extra_problems_4 - 1. Given an interest rate of 12%...

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