Required: Calculate the effect of the change in the assumed discount rate on the PBO at the beginning of 2025 with respect to Davenport. Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar.

Calculate the present value as at 1 January 2019 of a series of payments of £100 payable on the first day of each month during 2020, 2021 and 2022, assuming an effective rate of interest of 8% per annum. Calculate this in form of Annuities like in Actuarial Science.

Please answer and provide solutions for three questions. 1. Given i(26) = 3.150%, find the equivalent nominal interest rate compounded quarterly. 2. Given an effective quarterly rate of 2.22500%, find the equivalent effective semi-annual rate. (You might need to keep more than the usual number of decimal places!) 3. Given an effective quarterly rate of 1.25000%, find the equivalent nominal rate i(2).

You are given a nominal annual rate of discount of 12% convertible (compounded) quarterly. Determine the present value on 1/1/2010 of $20,000 to be paid on 1/1/2015. Hint: Let X be the value on 1/1/2010. The future value is $20,000. Recall for an effective rate of discount, d, A(t) = Ap*(1-d)t. You will need to adjust your formula to reflect the fact that the given rate is a nomi O $11,000 but $11,250

An invoice dated January 25 with terms 2/10 -20 X. Find the final discount rate and the next payment date. The net payment date is 20 days after the final discount date. Assume it is not a leap year final dicount- net payment-

Compute the future value in year 9 of a $3,300 deposit in year 1, and another $2,800 deposit at the end of year 5 using a 9 percent interest rate. (Do not round intermediete calculations and round your final answer to 2 decimal pleces.)

Today is the 10th January 2023. You want to buy a Floating Rate Note (FRN) that matures on the 10th July 2027 and pays an annual coupon equal to LIBOR. Compute the fair price of the note. Use the data in Table 1. The LIBOR rate at selected dates are showed in Table 3. Please show your calculations. Discuss your result.

What is the Discounted Present Value (DPV) if you expect to receive $8,000 in year 1, $9,000 in year 2 and $7,000 in year 3, when the interest rate is 8% in each year? Round your answer to one (1) decimal, do not write the dollar sign. Use the minus sign where appropriate.

Solve for the unknown interest rate in each of the following (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.):

H5.