Compute (F/A,%13,20) using the closed-form formula and call that X, Also approximate it; by applying linear interpolation between the values obtained from "compound interest factors" table for (F/A,%12,20) and (F/A,%15,20), and call that y. What is X-y? Choose the closest value to your answer. A 11.3664 1.2358 D -1.2358 E 11.3664

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter25: Portfolio Theory And Asset Pricing Models
Section: Chapter Questions
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Economics
Compute (F/A, %13,20) using the closed-form formula and call that X, Also approximate it; by applying linear interpolation
between the values obtained from "compound interest factors" table for (F/A,%12,20) and (F/A,%15,20) and call that Y.
What is X-y? Choose the closest value to your answer.
A 11.3664
C 1.2358
D -1.2358
11.3664
Transcribed Image Text:Economics Compute (F/A, %13,20) using the closed-form formula and call that X, Also approximate it; by applying linear interpolation between the values obtained from "compound interest factors" table for (F/A,%12,20) and (F/A,%15,20) and call that Y. What is X-y? Choose the closest value to your answer. A 11.3664 C 1.2358 D -1.2358 11.3664
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