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Hi, I have an exercise in an Assignment for ACTU 256 (MATHS OF FINANCE) and I seek a solution for it. Here's the question: Assume
Hi, I have an exercise in an Assignment for ACTU 256 (MATHS OF FINANCE) and I seek a solution for it. Here's the question:
Assume a nominal interest rate i compounded semiannually. It is known that the present value today of the following two payments: X made 2n years from now and X2 made 4n years from now is 90 000. Calculate the accumulated value at time 8n years from now of an amount of X-4 invested today.
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