Question
Find the following values for a lump sum assuming annual compounding: A What is the Future Value of $1000 invested at 6 percent for one
| Find the following values for a lump sum assuming annual compounding: A What is the Future Value of $1000 invested at 6 percent for one year? B What is the Future Value of $1000 invested at 6 percent for three years? C What is the Present Value of $1000 to be received in one year when the opportunity cost rate is 6 percent? D What is the Present Value of $1000 to be received in three years when the opportunity cost rate is 6 percent? Repeat the problem (A D) above assuming semiannual compounding. |
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Mathematical Finance Core Theory Problems And Statistical Algorithms
Authors: Nikolai Dokuchaev
1st Edition
0415414482, 978-0415414487
