EX6.

[ ]
1 1
1− t
1−
(1+r ) (1.078)7
PV =C =57,000 =298803.87
r 0.078

EX7. FV

[ ]
1 1
1− t
1−
(1+r ) (1.097)20
PV =C =4,000 =34763.37
r 0.097

( 1+r )t −1 ( 1.097 )40−1

FV =C =4,000 ⌊ ⌋=1631984.09
r 0.097
EX8. Cal C

[ ]
1 1
1− t
1− 12
(1+r ) (1.062)
PV =C =50,000 =414633.86
r 0.062

EX9. Cal C

[ ]
1 1
1− t
1−
(1+r ) (1.075)5
PV =C =50,000 =202294.25
r 0.075