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Time value of money

Maths & Stats

Not getting the answer ð??? how to solve this one

Roshan Zameer

ACCA Professional

★ 24K+

28-Sep-20 07:35

348

Answers (1)

Principal x 6/12 x 6.5% - Principal x 5/12 x 6.5% = 25.40 Principal x 6.5% x 1/12 x (6-5) = 25.40 Principal x 6.5% x 1/12 = 25.40 Principal = 25.40 x 12 /6.5% Principal = 4689.231

Sriram Somayajula

Admin

28-Sep-20 09:04

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