Excuse me, I may be mistaken, but in the first problem of perpetuity, I believe the calculation should be (70,000/0.08)/1.08^34, which equals 639,152.66. However, the answer displayed on the screen is 63914.64. Could you please clarify this discrepancy. Time 33:00
If you calculate the ans is 63.9146, kindly do the calculation again. Sir did multiplied it with 1000 in the end to make the initial calculations easy. And hence, the ans is 63914.64
Bro take the Financial Calculator.... Do a simple calculation of 70,000/8%.... Press =.... Then press FV cuz that's the Future Value na that at the age of 59 I'll be requiring this.... Then type 8 and press I/Y.... Type 34 (59-25) and press N.... And then press CPT PV.... You'll get the answer as 63,914.6428.... Hope this helps ✌
Excuse me, I may be mistaken, but in the first problem of perpetuity, I believe the calculation should be (70,000/0.08)/1.08^34, which equals 639,152.66. However, the answer displayed on the screen is 63914.64. Could you please clarify this discrepancy. Time 33:00
Please connect with the team at @9831149876 for detailed information.
no bro ans is correct
If you calculate the ans is 63.9146, kindly do the calculation again. Sir did multiplied it with 1000 in the end to make the initial calculations easy. And hence, the ans is 63914.64
Bro take the Financial Calculator.... Do a simple calculation of 70,000/8%.... Press =.... Then press FV cuz that's the Future Value na that at the age of 59 I'll be requiring this.... Then type 8 and press I/Y.... Type 34 (59-25) and press N.... And then press CPT PV.... You'll get the answer as 63,914.6428....
Hope this helps ✌
In the sum 1 why are we multiplying 1+0.8 and not dividing if we have to discount at 59 ?
Yes hunny
Bcz its annuity due category ma we need at beginning of the year. 60 ke beginning
Beech mein Blinkit ka ad chal gaya 😂😂