Using the table from the notes $($below$)$ and assuming that an investor

deposits $1000$ on January $1,2007.$ At January $1,2010,$ the accumulated

value of the $1000$ deposit is:

$P($under the investment year method$)$

Q $($under the portfolio year method$)$

$R$ assuming that the balance is withdrawn at the end of each year

and reinvested at the new money rate.

Find $P,Q$ and $R$

Calendar

Year of

original

investment