Actuarial Exam 2/FM Prep: Find the Interest Rate for an Annuity with Two Payment Amounts

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Financial Math for Actuarial Exam 2 (FM), Video 24. Exercise 2.1.6S in "Mathematics of Investment and Credit", Samuel A. Broverman, 6th Edition.

Exercise 2.1.6S: To accumulate 8000 at the end of 3n years, deposits of 98 are made at the end of each of the first n years and 196 at the end of each of the next 2n years. The effective annual interest rate is i. You are given (1 + i)^n = 2.0. Determine the value of i.

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Thank you for the video, it's very helpful.
I just want to ask since I just start with FM course this fall, is it correct to link with Future Value when you get accumulate in the question and is it correct to go with annuity-immediate when the question says deposit or payment made at the end of a period?

dingfeng