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In calculating the effective interest rate, may I know why m is 4 rather than 3
Capitalized cost, I think p=Ai hence 😮am not understanding A/i
At question #4 calculating G, the time should not be 5 years coz G starts when t=2 .
its actually starts one year before that at t=1, the time frame for G is the same as everything else as to not confuse
Thank you
😏 P R O M O S M.
In calculating the effective interest rate, may I know why m is 4 rather than 3
Capitalized cost, I think p=Ai hence 😮am not understanding A/i
At question #4 calculating G, the time should not be 5 years coz G starts when t=2 .
its actually starts one year before that at t=1, the time frame for G is the same as everything else as to not confuse
Thank you
😏 P R O M O S M.