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CALCULATE USING PHYTON AND SCREENSHOT HOW THE ANSWER IS DERIVED
Qn no. 2
You will receive a total of $89 after 93 days. What is the present value of this amount discounted at 10.1%.
Qn no. 10
You deposit $1million for 10 years. It accumulates interest at 6% quarterly for the first 5 years and 6.5% semi-annually for the next 5 years. The interest is automatically added to the capital at each payment date. What is the total accumulated value at the end of 10 years?
Qn no. 18
If 7.0% is a continuously compounded interest rate, what is the total value accumulated at the end of a year at this rate, on a principal amount of $1million, and what is the effective rate (annual equivalent)? If 9% is an effective rate, what is the equivalent continuously compounded rate?
Explanation & Answer
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