Revision as of 00:21, 26 November 2023 by Admin (Created page with "'''Solution: B''' <math display="block"> (1+.06 / 6)^6=\left(1-d^{(3)} / 3\right)^{-3} \text { so } d^{(3)}=3\left(1-1.01^{-2}\right)=.0591 </math> '''References''' {{cite web |url=https://web2.uwindsor.ca/math/hlynka/392oldtests.html |last=Hlynka |first=Myron |website=web2.uwindsor.ca | title = University of Windsor Old Tests 62-392 Theory of Interest | access-date=November 23, 2023}}")
Exercise
ABy Admin
Nov 26'23
Answer
Solution: B
[[math]]
(1+.06 / 6)^6=\left(1-d^{(3)} / 3\right)^{-3} \text { so } d^{(3)}=3\left(1-1.01^{-2}\right)=.0591
[[/math]]
References
Hlynka, Myron. "University of Windsor Old Tests 62-392 Theory of Interest". web2.uwindsor.ca. Retrieved November 23, 2023.