You are on page 1of 1

REVIEW INNOVATIONS       REFRESHER 

 
1. ? 100 0.04 5.   10.

1 1 :
. . . . . . . . 1 1 1  
10,000
0.04 0.12
1 . . 1 1 1 . . 0.0201 500,000 0.01 6 ?   0.04 0.05 480
4 12
100 2,000 ,
, . 1.01 1
0.0201 500,000 1.01
0.01
11. . . . . . .
2. , .
0.12
6. 1 1 1 1
2 4

200,000 0.20 366 1 31 334   . %

334
200,000 0.2 , .
366 12.       1,000 0.08 4       
1 1,000 1.08 , .
7. 1
9
20,000 0.12 ? 
12
9
20,000 1 0.12 13.     . . 50,000 . . 2,500 0.08 6        
  12
  . . . . 50,000 2,500 0.08
  , . , .
1 1 1.08 1
 
Present value of 60k:  8. Mode – 3 ‐ 3
60,000
,   x  Y 
0.1
  0  1,500,000  14.
  n  600,000 
n+1  600,000  0.06
3. 8 8
8
Single payment compound amount factor . . 870,000
try n=6 0.06
. . 2 1,028,571 1 1 .
3   8

  try n=4
  . . 2 870,000
4. 1   Therefore n=4 yrs
650,000 450,000 0.08 1 ?
650,000 450,000 1.08 . 15 0.8 200,000 200,000 1 ?.

9. 1
. . . . . . 100 0 200,000 0.80 200,000 1
. . 250 0
1 1 1.06 1
%
.

        Econ 1 CE 

You might also like