Annuity please reply

Maths & Stats

Here why they are dividing 0.15 by 12 Annuity itself mean equal payments every year them why they are rate by 12 dividing

Dhakshana Dhakshana

CFA L2

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06-Dec-21 09:52

567

Answers (4)

Monthly installment so it is 12

Miradevi S

CA Final

★ 16K+

06-Dec-21 10:08

Miradevi S

Monthly installment so it is 12

Thanks

Thread Starter

Dhakshana Dhakshana

CFA L2

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06-Dec-21 10:35

Bro. What is the answer of question?

Gopal Garg

CFA L1

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06-Dec-21 12:33

Gopal Garg

Bro. What is the answer of question?

45130.433

Thread Starter

Dhakshana Dhakshana

CFA L2

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06-Dec-21 12:37