When to use either the one in grey or yellow? They yield different results- for the one in grey i put t = to number of years *number of times a year compounded, as instructed in text from tutor
When to use either the one in grey or yellow? They yield different results- for the one in grey i put t = to number of years *number of times a year compounded, as instructed in text from tutor
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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When to use either the one in grey or yellow? They yield different results- for the one in grey i put t = to number of years *number of times a year compounded, as instructed in text from tutor
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FV Annuity Factor = ((1 + r)* - 1)) / r
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FV Annuity Due = p(((1 + r)* - 1)) / r ))) * (1+r)
Annutiy FV =(( p(1+r/n)vt-1))/(r/n)
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