Revision as of 20:40, 4 December 2023 by Admin (Created page with "'''Solution: D''' <math display = "block">\frac{3844.57}{0.0070833}\left[1-\frac{1}{1.0070833}^{(12 \times 30-60)}\right]=\$ 477,451.33</math> '''References''' {{cite web |url=https://alo.mit.edu/wp-content/uploads/2015/06/PS_Part1.pdf |last1=Lo |first1=Andrew W. |last2 = Wang | first2 = Jiang |website=alo.mit.edu | title = MIT Sloan Finance Problems and Solutions Collection Finance Theory I | access-date=November 30, 2023}}")
Exercise
ABy Admin
Dec 04'23
Answer
Solution: D
[[math]]\frac{3844.57}{0.0070833}\left[1-\frac{1}{1.0070833}^{(12 \times 30-60)}\right]=\$ 477,451.33[[/math]]
References
Lo, Andrew W.; Wang, Jiang. "MIT Sloan Finance Problems and Solutions Collection Finance Theory I" (PDF). alo.mit.edu. Retrieved November 30, 2023.