Chap 6 Flashcards
1
Q
Accumulation factor for alpha
A
E^ integrate alpha
Between t1 and t2
2
Q
PV of payment stream
A
integrate p(t) between a and b * e^- integrate alpha between a and t
3
Q
Accumulated value of payment stream
A
Integrate p(t) between a and b * e^ alpha between t and b