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Thanks you Ma’am Jessica, you have taught me something in 40 mins which my teacher couldn’t do in a week
Example 1: if it is compounded quarterly, are we not supposed to divide i by 4 and then multiply the number of years by 4?
She did
I am not getting the same answer for example 2, is anyone getting a different value than 24108?
I got 20291.38
I got the same answer cause I did them separately and then added all of them
Hello ma’am , for example 3 when you’re working out the -40000 when working out n for the second interest rate you said it’s 24 and that doesn’t make sense because it did not start at the beginning. It started after 1.5 years
Thank you so much ma'am❤
Thanks you Ma’am Jessica, you have taught me something in 40 mins which my teacher couldn’t do in a week
Example 1: if it is compounded quarterly, are we not supposed to divide i by 4 and then multiply the number of years by 4?
She did
I am not getting the same answer for example 2, is anyone getting a different value than 24108?
I got 20291.38
I got the same answer cause I did them separately and then added all of them
Hello ma’am , for example 3 when you’re working out the -40000 when working out n for the second interest rate you said it’s 24 and that doesn’t make sense because it did not start at the beginning. It started after 1.5 years
Thank you so much ma'am❤