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- DATED VALUE FOR OBLIGATIONS
-
- THE MATURITY VALUE OF AN OBLIGATION ALONG WITH THE DATE
- OF MATURITY IS A DATED VALUE. AN EXAMPLE OF A DATED VALUE
- WOULD BE $750 DUE ON SEPTEMBER 13,1980. DIFFERENT SETS OF
- DATED VALUES MAY BE COMPARED BUT E.G. TO COMPARE $750 DUE ON
- 9/13/80 WITH $900 DUE ON 9/13/82 WE MUST PICK SOME INTEREST
- RATE AND PERFORM SOME TYPE OF COMPOUND INTEREST ANALYSIS.
- IN THE PRESENT PROGRAM THIS IS DONE. WE ARE GIVEN A DATED
- VALUE MATURING SOME FIXED NUMBER OF YEARS IN THE FUTURE. WE
- ARE ALSO AN INTEREST RATE TO BE USED IN COMPARISON. WHAT THE
- PROGRAM THEN DOES IS FIND AN EQUIVALENT DEBT MATURING AT
- SOME OTHER FIXED TIME IN THE FUTURE.
-
- PRESS ENTER TO BEGIN?
- ENTER INTEREST RATE(%) TO BE USED IN COMPUTATIONS? 5
-
- INPUT FOR GIVEN DATED VALUE
- INPUT MATURITY VALUE ? 1000
- INPUT # OF YEARS INTO FUTURE FOR MATURITY? 10
-
-
- INPUT # OF YEARS INTO FUTURE FOR MATURITY OF DATED VALUE FOR
- COMPARISON? 5
-
- 1000 DUE IN 10 YEARS IS EQUIVALENT TO 783.526 DUE IN 5 YEARS
-
- PRESS 1 TO KEEP SAME ORIGINAL DATED VALUE, 2 TO BEGIN OVER? -1
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