Payments of P 10,000 per quarter are made from June 7 through 2 through December 7, Z +11 inclusive. If the nominal rate
Posted: Sat Feb 26, 2022 9:03 am
Payments of P 10,000 per quarter are made from June 7 through 2 through December 7, Z +11 inclusive. If the nominal rate is of interest convertible quarterly is 6%. Be sure to express each date as some time t = k. for nonnegative integer k, set the earliest time among the given dates below as t = 0. (a) Find the present value on September 7, Z - 1. (b) Find the current value on March 7, Z + 8. (c) Find the accumulated value on June 7, Z + 12. (d) Find the current balance on December 7, Z +6. Show that this is the same under both methods used in class.