Calculate the present value of the following liabilities under an interest rate of i = 7% per

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Calculate the present value of the following liabilities under an interest rate of i = 7% per annum.

a. £1m due in 6.5 years.

b. £3.50 due in 4 months.

c. £10,000 due in 30 years.

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Introduction To Actuarial And Financial Mathematical Methods

ISBN: 9780128001561

1st Edition

Authors: Stephen Garrett

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Question Posted: Dec 04, 2023 08:09 AM

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Calculate the present value of the following liabilities under an interest rate of i = 7% per

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a We discount 1m backward by 65 years and ...View the full answer

Introduction To Actuarial And Financial Mathematical Methods

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