金融数学引论答案第一章__北京大学出版[1.docVIP

第一章习题答案 1.解: 把t = 0 代入得A(0) = 3 于是:a(t) =A(t)/A(0)=（t2 + 2t + 3）/3 In = A(n) ? A(n ? 1) = (n2 + 2n + 3) ? ((n ? 1)2 + 2(n ? 1) + 3)) = 2n + 1 2. 解: (2) 3.解: 由题意得 a(0) = 1, a(3) =A(3)/A(0)= 1.72? a = 0.08, b = 1 ∴ A(5) = 100 A(10) = A(0) ? a(10) = A(5) ? a(10)/ a(5)= 100 × 3 = 300. 4. 解：(1)i5 =(A(5) ? A(4))/A(4)=5120≈ 4.17% i10 =(A(10) ? A(9))/A(9)=5145≈ 3.45% (2)i5 =(A(5) ? A(4))/A(4) 5.解:A(7) = A(4)(1 + i5)(1 + i6)(1 + i7) = 1000 × 1.05 × 1.06 × 1.07 = 1190.91 6.解: 设年单利率为i 500(1 + 2.5i) = 615 解得i = 9.2% 设500 元需要累积t 年 500(1 + t × 7.8%) = 630 解得t = 3 年4 个月 7.解: 设经过t 年后，年利率达到2.5% t ≈ 36.36