Re: chapter 12 table 12.7
Nabila Audi ( naudi@ins.state.pa.us )
Mon, 14 Sep 1998 08:52:41 -0400
You can do it two ways:
1) ingnore the first payment, the one made at time 0, and solve the problem
as if it is end of period payments then add the payment at time zero.
2) you can use your calculator to do the work for you with pressing the
"Due" button, instead of the "Cpt" button.
If you still are not getting the answer, e-mil me and I will talk you
through it.
Good luck!
Nabila :)
At 10:07 AM 9/11/98 PDT, naaz naaz wrote:
>How is the PV at start of time calculated?
>
>Thanks
>
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