Revision as of 00:22, 27 November 2023 by Admin (Created page with "'''Solution: C''' <math display = "block">\$ 2000=K a_{\overline{5} \mid .06} \implies K=2000 / a_{\overline{5} \mid .06}=\frac{2000(.06)}{1-1.06^{-5}}=474.79</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 27'23
Answer
Solution: C
[[math]]\$ 2000=K a_{\overline{5} \mid .06} \implies K=2000 / a_{\overline{5} \mid .06}=\frac{2000(.06)}{1-1.06^{-5}}=474.79[[/math]]
References
Hlynka, Myron. "University of Windsor Old Tests 62-392 Theory of Interest". web2.uwindsor.ca. Retrieved November 23, 2023.