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COMPLETE THE CALCULATIONS ON PAPER FIRST AND WRITE THE ANSWERS IN THE TABLE: If 2 5 0 0 0 0 was invested at 6 .
COMPLETE THE CALCULATIONS ON PAPER FIRST AND WRITE THE ANSWERS IN THE TABLE:
If was invested at compounded quarterly, what payment at the end of each quarter will sustain it as a perpetuity? PMT $
IY
CY
i
PV $
PMT $
IY
CY
i
PV $ C THE NUMBER OF INTEREST CONVERSION PERIODS PER YEAR CY
THE NUMBER OF PAYMENT IN ONE YEAR
p ic
effective rate of interest
periodic rate of interest
c number of interest conversion periods per payment
interval tell me the answer for all these values
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