Thanks for responding. The solution I got is $486,281.50 as per 1.049486yx10 that is 120/12 =1.620938342 x 300,000 = $486,281.50. I have not yet figured out how you arrived at $152, 179.29 for the denominator.
@ainsleywilson2321 Жыл бұрын
I attempted question 1 about Marc and the deferred Annuity . I followed what you did but failed to get the answers given. I have a HP10bll+ calculator and would be appreciative if you could tell me the keystrokes that would agree your answer and further my understanding.
@StudyForceOnline Жыл бұрын
Hi Ainsley, I just downloaded the emulator for that calculator; while the calculations shown here can technically be done on that device, I do not know the keystrokes required since I do not have experience with the built-in functions. I know many business courses require a financial calculator such as this one, but unfortunately not ours - we resort to using a two-line scientific calculator instead as was shown in the video.
@ACTUARY-s4t Жыл бұрын
hello , may i please have an answer for the question two?
@StudyForceOnline Жыл бұрын
It's a pinned comment, kzbin.info/www/bejne/gpTaiWCaoM6Keq8