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# Exercise 3: (4 points) Calculate the value on 31/10/2004 of a series of 8 annuities of 22,500 DH each. First payment date: 31/10/93. Quarterly interest rate: 4.5%. # Exercise 4: (6 points) Let (t) be an interest rate whose semestral rates (t1) and equivalent rate (t2) satisfy the following rel...
# Exercise 3: (4 points) Calculate the value on 31/10/2004 of a series of 8 annuities of 22,500 DH each. First payment date: 31/10/93. Quarterly interest rate: 4.5%. # Exercise 4: (6 points) Let (t) be an interest rate whose semestral rates (t1) and equivalent rate (t2) satisfy the following relationship: t1-t2 = 0.06%. Calculate the annual rate (t).
