Assume a nominal annual interest rate of i compounded semiannually. It is known that the present value today of the series of payments: X made 2n years from now and X^2 made 4n years from now is 90000. Calculate the accumulated value at time 8n years from now of an amount of X−4 invested today.

Answer rating: 100% (QA)

Let Then we have a quadratic equation So... View the full answer