Those are pretty straightforward. The only way that is incorrect is if there's missing data. For A and B, 10,000 and 6,000 are being deposited at the end of each period, the interest rate is annual interest, and the deposit period refers to the total number of periods.
Tell me if any of that is incorrect.
Jun 22nd, 2015
Are you studying on the go? Check out our FREE app and post questions on the fly!