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| rev | Admin | (Created page with "'''Solution: A''' The book value after the third coupon is <math display = "block"> 7500(0.037)a_{\overline{{{37}}}|0.0265}+C(1.0265)^{-37}=6493.05+0.379943C </math> and after the fourth coupon it is <math display = "block"> 7500(0.037)a_{\overline{300}|0.0265}+C(1.0265)^{-36}=6387.61+0.390012C. </math> Then <math display = "block"> \begin{array}{l}\\ {{6493.05+0.379943C-(6387.61+0.390012C)=28.31}}\\ {{105.44-0.01069C=28.31}}\\ {{C = 7660.15.}} \end{array} </math>...") | Nov 19'23 at 18:50 | +501 |