How long does the capital of 4765,65 will amount to 5716,93 euro if we use the...

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Finance

How long does the capital of 4765,65 will amount to 5716,93 euroif we use the compound nominal convention with capitilizationperiod equal to two-months and we know that the interest is null inthe firs year, 1 month and 21 days and then it is nominal threemonthly convertible 3%?

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nominal three monthly convertible r 3 Let nominal 2 month rate be r2 Hence 1 r 44 1 3 44 1030339191 1 r26 Hence r2 103033919116 1 04994 Let the maturity time period is m periods of two months p days after the first year 1 See Answer

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How long does the capital of 4765,65 will amount to 5716,93 euroif we use the compound nominal convention with capitilizationperiod equal to two-months and we know that the interest is null inthe firs year, 1 month and 21 days and then it is nominal threemonthly convertible 3%?

How long does the capital of 4765,65 will amount to 5716,93 euro if we use the...

80.2K

Verified Solution

Question

Finance

How long does the capital of 4765,65 will amount to 5716,93 euroif we use the compound nominal convention with capitilizationperiod equal to two-months and we know that the interest is null inthe firs year, 1 month and 21 days and then it is nominal threemonthly convertible 3%?

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