Present Value of Money in 17 Minutes

Comments

5 responses to “Present Value of Money in 17 Minutes”

1. 

   8 March 2012

   rich

   can you confirm how this formulae is calculated? how you got to 66.51?

   Reply
   1. 

      10 March 2012

      David

      Hi Rich, just use your calculator. Can you show your calculation to see why you’re getting a different number?

      Reply
2. 

   1 April 2012

   JJ

   Hi Rich – Trying use my mathematics calculator to reach your answer – unfortunately I cannot get the same. However another way I am doing this – and coming close to your answer is by doing the following:
   PV= 100 (16.66 – 16.82) = 66.58 – but sadly not 66.51
   Please could you confirm how you calculate this? Thanx

   Reply
   1. 

      6 April 2012

      David

      Hello guys! It (normally) does not need to be exactly the same answer down to the last decimal, because we all have different habits for rounding off during the step-by-step process..

      Reply
3. 

   12 March 2014

   syed azheruddin

   i got it

   Reply