ACTSC221 Lecture 1: chap1solstudent_notes.pdf

• School: University of Waterloo
• Department: Actuarial Science
• Course: ACTSC221
• Professor: Peter Khaiter

Document Summary

1: s = 2500[1 + (0. 12)( 18, s = 1200[1 + (0. 085)( 120, s = 10 000[1 + (0. 07)( 64, s = 5000[1 + (0. 06)( 175. 5000(0. 09) = 0. 222222 years: t = 100. = 82 days: r = 2. 50/(50 1, = 0. 60 = 60, p = 580[1 + (0. 18)( 120. 365)] = . 11: s = 1000[1 + (0. 0725)( 212. Number of days = sept. 16(259) feb. 16(47) = 212 days. 7 months after feb. 16 is sept. 16: r = 300/(4000 264, = 10. 37% Total interest paid = 65. 75 + 198. 90 + 175. 89 + 110. 13 + 24. 04 = 17: r , interest on loan = 2450 0. 10 45. Exercise 1. 2: maturity date is february 6. 365)] 1 = . 60: maturity date is june 27. 5: maturity value = 2000[1 + (0. 13)( 93. Proceeds = 2066. 25[1 + (0. 12)( 42: = 13. 64, r = 38. 11/(2000 51, bank"s pro t = 2000[1 + (0. 13)( 90 r = 26/(2038. 11 39, = 11. 94%