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hy,,,, We are doing work in the field of financial mathematics. Is there anyone who can colaborate with us in the field of financial planing.
The discussion revolves around collaboration in financial mathematics and a specific problem related to financial planning involving annuities and interest calculations. Participants seek assistance with a mathematical approach to determine excess interest from an inheritance fund.
Participants do not reach a consensus on the specific financial problem, and there is a clear disagreement regarding the expectation of assistance with homework tasks.
The discussion includes assumptions about the effectiveness of interest rates and the nature of annuities, but these are not fully resolved or detailed in the posts.
Individuals interested in financial mathematics, particularly those working on financial planning or related homework problems.
tala said:The original amount of an inheritance was just sufficient at 8% effective to pay 5000 at the end of each year for 10 years.the payments of 5000 were made for the first 5 years even though the fund actually
Earned 10% effective.how much excess interest was in the fund at the end of 5 years?
answer is 3544.22..please help me in finding the approach to solve it
it is a kind of amorization I think.![]()

tala said:If anyone know the answer please tell me..I need it![]()