I have been searching for a way to solve for the interest rate given the monthly payments of a loan. I would like to set up a problem as the following. $X$=monthly payment , $i$=effective ...
The following was the problem that I was working on. As a part of the underwriting process for insurance, each prospective policyholder is tested for high blood pressure. Let X represent the ...
I've been stuck on this question for the past half hour and still have no idea how to solve it... I don't think it's supposed to be very difficult but I'm struggling: There are two independent live ...
I would like to calibrate a interest rate tree using the optimization tool in matlab. Need some guidance on doing it. The interest rate tree looks like this: How it works: 3.73% = 2.5%*exp(2*0.2) ...