Equation of Value (Mathematics of Finance)|Practical Problems Part -1
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Equation of Value (Mathematics of Finance)|Practical Problems Part -1
Solutions to two important practical problems of Equation of Value is discussed. Kindly consider the correction in solution to Question 1. Value of debts = value of payments 6000(1.03)^2 + 10000(1.03)^(-8) = 2000(1.03)^8 + X(1.03)^(-6) + 5000 14259.4 = 7544.4 + 0.8374 X X = 6726/ 0.8374 X = Rs. 5263.22 SORRY for Inconvenience. Link for ...
8.6K viewsApr 11, 2020
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