Chap 6 Flashcards

1
Q

Accumulation factor for alpha

A

E^ integrate alpha

Between t1 and t2

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2
Q

PV of payment stream

A

integrate p(t) between a and b * e^- integrate alpha between a and t

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3
Q

Accumulated value of payment stream

A

Integrate p(t) between a and b * e^ alpha between t and b

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