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• 01-16-2018, 02:01 AM
Thanks Dennis. I hate when I thought I had tried every conceivable way, and yet that's one more I didn't try! Got it now. Thxs.
3 replies | 164 view(s)
• 01-15-2018, 10:37 PM
Q. During the next 3 years, a business decides to invest £10,000, at the beginning of each year. The revenue at the end of each year is: Year...
3 replies | 164 view(s)
• 01-06-2018, 01:00 AM
Thank you tkhunny. I calculated the correct answer adding up the individual payments.
2 replies | 201 view(s)
• 01-04-2018, 10:57 PM
Hi all, Q. A regular savings of \$500 is made into a sinking fund at the start of each year for 10 years. Determine the value of the fund at the...
2 replies | 201 view(s)
• 01-04-2018, 05:50 AM
Ah right. Because when I expand it out: 101 x (1.01n-1) / 0.01 Then rearrange to: 101 / 0.01 x (1.01n-1) Becomes: 10100 x (1.01n-1) i.e....
2 replies | 164 view(s)
• 01-03-2018, 08:46 PM
Morning/afternoon/evening all, I'm aware of the formula: a(rn-1/r-1). However, for the following: 100(1.01)(1.01n-1/1.01-1) Apparently...
2 replies | 164 view(s)
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