ACST101 Lecture 5: ACST101 LECTURE - TVM Problem Solving
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29 Jun 2018
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ACST101 LECTURE – 29/3/18
WK5; TVM PROBLEM-SOLVING
*PRACTICE ON SOLVING TVM PROBLEMS*
EQUIVALENT SIMPLE INTEREST RATE
EFFECTIVE INTEREST RATE
- Easy to use the rate for the period that matches compounding frequency (i.e.
monthly) and state number of periods in months. But could use EAR and state period
in years.
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