ACTSC231 Lecture Notes - Lecture 7: Compound Interest, X 2000

• School: University of Waterloo
• Department: Actuarial Science
• Course: ACTSC231
• Professor: Keith Freeland

Document Summary

Graphing a t 1 i t a t 1 m a t a t . 1 i t 1 m 1 i t i m m . 1 i 1 d m m a t 1 m a t a t 1 m . 1 1 i 1 m. Mark the following on the graph: d 1 , d 2 i i 1 . 2 1 1 i 1 d 2 . Starting with compound interest a t 1 i t i m m 1 i 1. 1 1 1 i 1 m 0 as m m 1 and d m m 1 1 i 1 m. 2 i 5% i 2 2 1. 05 1. 2 1 i 4 4 1. 05 1. 4. 7619% d 2 2 1 1. 05 1. 4. 8200% d 4 4 1 1. 05 1. 365 1 d 365 365 1 1. 05 .