Processing math: 0%
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License. math exams: Question FM 11/20/2011 05:53

Sunday, November 20, 2011

Question FM 11/20/2011 05:53

Calculate the present value at t=0 of a continuous payment stream made at the constant rate of \rho_{t}=\$6 per year from time 3 to time 6 years. The force of interest is given by \delta_{t}=0.04

Ans: 150[e^{-0.24}+e^{-0.12}]

No comments:

Post a Comment