Revision as of 10:16, 22 November 2023 by Admin (Created page with "'''Solution: D''' Beginning= 114,000 End=136,000 Investment Income= 13,000 i= .11 Total Increase =22,000 Deposit= Total Income- Investment Income= 9,000 Dollar-Weighted: <math display = "block"> \begin{aligned} 114,000(1.11) + 9000(1+.11(1-k))= 136,000 \\ -10,000*.11k=-530 \\ k= .4818≈.5 \\ \end{aligned} </math> {{cite web |url=https://digitalcommons.calpoly.edu/cgi/viewcontent.cgi?article=1008&context=statsp |last=Hardiek |first=Aaron |date=June 2010 |website=...")
Exercise
ABy Admin
Nov 22'23
Answer
Solution: D
Beginning= 114,000 End=136,000
Investment Income= 13,000 i= .11
Total Increase =22,000
Deposit= Total Income- Investment Income= 9,000
Dollar-Weighted:
[[math]]
\begin{aligned}
114,000(1.11) + 9000(1+.11(1-k))= 136,000 \\
-10,000*.11k=-530 \\
k= .4818≈.5 \\
\end{aligned}
[[/math]]
Hardiek, Aaron (June 2010). "Study Questions for Actuarial Exam 2/FM". digitalcommons.calpoly.edu. Retrieved November 20, 2023.