The Russell Index tracks the average performance of various groups of stocks. Figure 3 shows that, on average, a $ 10 , 000 investment in midcap growth funds over a 10 -year period would have grown to $ 63 , 000 . What annual nominal rate would produce the same growth if interest were (A) compounded annually? (B) compounded continuously? Express answers as percentages, rounded to three decimal places.
The Russell Index tracks the average performance of various groups of stocks. Figure 3 shows that, on average, a $ 10 , 000 investment in midcap growth funds over a 10 -year period would have grown to $ 63 , 000 . What annual nominal rate would produce the same growth if interest were (A) compounded annually? (B) compounded continuously? Express answers as percentages, rounded to three decimal places.
Solution Summary: The author calculates the annual nominal rate compounded annually when 10000 is invested for 10 years. The formula for compound interest is represented by A=P(1+rright
The Russell Index tracks the average performance of various groups of stocks. Figure
3
shows that, on average, a
$
10
,
000
investment in midcap growth funds over a
10
-year period would have grown to
$
63
,
000
. What annual nominal rate would produce the same growth if interest were
(A) compounded annually?
(B) compounded continuously?
Express answers as percentages, rounded to three decimal places.
(b) In various places in this module, data on the silver content of coins
minted in the reign of the twelfth-century Byzantine king Manuel I
Comnenus have been considered. The full dataset is in the Minitab file
coins.mwx. The dataset includes, among others, the values of the
silver content of nine coins from the first coinage (variable Coin1) and
seven from the fourth coinage (variable Coin4) which was produced a
number of years later. (For the purposes of this question, you can
ignore the variables Coin2 and Coin3.) In particular, in Activity 8 and
Exercise 2 of Computer Book B, it was argued that the silver contents
in both the first and the fourth coinages can be assumed to be normally
distributed. The question of interest is whether there were differences in
the silver content of coins minted early and late in Manuel’s reign. You
are about to investigate this question using a two-sample t-interval.
(i) Using Minitab, find either the sample standard deviations of the
two variables…
5. (a) State the Residue Theorem. Your answer should include all the conditions required
for the theorem to hold.
(4 marks)
(b) Let y be the square contour with vertices at -3, -3i, 3 and 3i, described in the
anti-clockwise direction. Evaluate
に
dz.
You must check all of the conditions of any results that you use.
(5 marks)
(c) Evaluate
L
You must check all of the conditions of any results that you use.
ཙ
x sin(Tx)
x²+2x+5
da.
(11 marks)
3. (a) Lety: [a, b] C be a contour. Let L(y) denote the length of y. Give a formula
for L(y).
(1 mark)
(b) Let UCC be open. Let f: U→C be continuous. Let y: [a,b] → U be a
contour. Suppose there exists a finite real number M such that |f(z)| < M for
all z in the image of y. Prove that
<
||, f(z)dz| ≤ ML(y).
(3 marks)
(c) State and prove Liouville's theorem. You may use Cauchy's integral formula without
proof.
(d) Let R0. Let w € C. Let
(10 marks)
U = { z Є C : | z − w| < R} .
Let f UC be a holomorphic function such that
0 < |ƒ(w)| < |f(z)|
for all z Є U. Show, using the local maximum modulus principle, that f is constant.
(6 marks)
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