excuse me sir , all great s but there is some thing wrong which is the
EXAMPLE 2 :
(( compounded Quarter )): means that we must calculate the adjusted
interest rate by using the NCEES manual reference formula in page 127 ( i
=(1+r/m)^m - 1 ,, where r : is the annual interest rate and m=
4(quarter year) ,, by applying this formula the adjusted i = 0.2624 ,,
and the final quarter payment is ($282.77) ,thank you for the video ,,
I thought this was great! I wasn't sure how to handle the A and the G. I
didn't realize that you had to find the present worth of both and then add
them together. Also, I would have said the $1000 was the present value and
used F/P, but I assume because a bonus will be paid annually that this is
why A=$1000??? If so, this makes perfect sense! Thanks for this video!
Thank you for the help! This is very clear! Do you have any videos on
Project Risk & Uncertainty, Mortgages, Financial Statements, Stocks and
Entrepreneurship? You explain a lot better than my professor.
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