
Economics Economics Forum  Financial Mathematics, Econometrics, Operations Research, Mathematical Finance, Computational Finance 
 LinkBack  Thread Tools  Display Modes 
September 17th, 2008, 09:43 PM  #11  
Global Moderator Joined: Nov 2006 From: UTC 5 Posts: 16,046 Thanks: 938 Math Focus: Number theory, computational mathematics, combinatorics, FOM, symbolic logic, TCS, algorithms  Re: Calculating Return Quote:
Quote:
 
September 18th, 2008, 09:36 AM  #12  
Senior Member Joined: May 2008 Posts: 301 Thanks: 81  Re: Calculating Return
This is basically a bond problem. What you have is a 520% bond that pays coupons weekly whose redemption date is unknown. Thus, Quote:
"A man pays off a $30000 bet, interest and principal, in 10 equal installments made on Dec. 1st for 10 years. Find the amount of his annual payment if interest is charged at 12% per annum compounded annually." My impression: If a man just incurred a $30,000 debt from a bet, I’m betting he won’t live long after making an arrangement with his (probably mob) bookie like paying it off in 10 equal installments over a period of 10 years.  

Tags 
calculating, return 
Search tags for this page 
Click on a term to search for related topics.

Thread Tools  
Display Modes  

Similar Threads  
Thread  Thread Starter  Forum  Replies  Last Post 
Portfolio expected return  ts11  Advanced Statistics  1  October 26th, 2012 11:51 AM 
Portfolio expected return  ts11  Algebra  0  October 26th, 2012 03:54 AM 
Return on Investment Questions?  Oranges'n'Lemons  Economics  2  February 21st, 2012 08:36 AM 
Return of the Factoring!!  JakeK  Algebra  5  September 3rd, 2009 08:18 AM 
Return Modulo as 1 Instead of 0  SidT  Number Theory  10  July 5th, 2009 10:00 AM 