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(6) Show that the value at time 1 of 1 payable at times 7, 10, 13, 16, ..., 40 is 439-47 Use this to establish

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(6) Show that the value at time 1 of 1 payable at times 7, 10, 13, 16, ..., 40 is 439-47 Use this to establish that the time 2 value of these payments is 31 2)+7 and that the time 0 value is -7)+7 (6) Show that the value at time 1 of 1 payable at times 7, 10, 13, 16, ..., 40 is 439-47 Use this to establish that the time 2 value of these payments is 31 2)+7 and that the time 0 value is -7)+7

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