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MATEMATIKA KEUANGAN - Matematika IPB

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Capital Redemption Policies (Kebijakan Pengembalian Modal)<br />

Introduction and Premium Calculation<br />

Solution 6.1.2<br />

Thus<br />

(0.9P ′ (1 + i) 15 + 0.976923P ′ ¨s 14| − 0.001923P ′<br />

14<br />

= 10000 + 5¨s 14| + 100(1 + i) 15 .<br />

The summation on the left-hand side of the last equation is<br />

simply (I¨s) 14| , which equals<br />

¨s 14| − 14<br />

d<br />

t=1<br />

t(1 + i) 15−t

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