NO.PZ2017092702000016
问题如下:
A sports car, purchased for £200,000, is financed for five years at an annual rate of 6% compounded monthly. If the first payment is due in one month, the monthly payment is closest to:
选项:
A.£3,847.
B.
£3,867.
C.
£3,957.
解释:
B is correct,
“the first payment is due in one month”是第一笔付款在第一个月的意思(t=1),所以是个后付年金问题。
后付年金模式下,PV=-200,000, N=12*5, I/Y=6/12,FV=0
CPT PMT=3866.56
为什么不需要先计算EAR(6.17%),然后再代入
PV=-200000,N=5*12,I/Y=6.17/12,FV=0,求PMT?