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revAdmin (Created page with "'''Solution: C''' Convert the two annual rates, 4% and 5%, to two-year rates as 1.04<sup>2</sup> -1 = 0.0816 and 1.05<sup>2</sup>-1 = 0.1025. The accumulated value is <math display = "block"> 100\ddot{S}_{\overline{{{3}}}|{0.0816}}(1.05)^{4}+100\ddot{S}_{\overline{{{2}}}|0.1025} </math> With only five payments, an alternative approach is to accumulate each one to time ten and add them up. The two-year yield rate is the solution to <math>100 \ddot{s}_{\overline{5}|i}...")Nov 18'23 at 10:34+643