Determine the numerical value of the following factors using (a) Linear interpolation, (b) The formula, and (c)
Question:
(a) Linear interpolation,
(b) The formula, and
(c) The spreadsheet function from Figure 2-9.
1. (PF,8.4%,15)
2. (AF,17%,10)
Figure 2.9
Transcribed Image Text:
i = 3.25% 25.00 Value obtained Value with this function Factor 4 0.44952= -PV($A$2,$B$2,,1) 16.93786 = -PV($A$2,$B$2,1) P/F PIA 6. !! `= -FV($A$2,$B$2,,1) = -FV($A$2,$B$2,1) F/P 2.22460 37.67993 FIA 9. 10 0.02654 = -PMT($A$2,$B$2,1) 0.05904 `= -PMT($A$2,$B$2,1) A/F 11 A/P 12 13
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a 1 Interpolate between i 8 and i 9 at n 15 041 x03152 02745 x 00163 PF8415 03152 00163 ...View the full answer
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