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Figure

Figure 1.1: Gross Loan Portfolio and Number of Borrowers from 2003 to 2011
Figure 2.2: Weekly Repayment Process with some Accidents of Delay
Figure 2.3: In-time Installment Probability (p) as a function of Repayment Rate (γ ) for d = 1, 2, 3, 4, 5
Figure 2.4: Actuarial expected rate, r, ¯ as a function of in-time installment probability rbar=52*ln(1+p*(1/q-1)) 0.000.020.040.060.080.100.120.140.160.180.20 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
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