Installments Concepts & Formulae/Shortcuts for SI & CI for CAT/XAT/OMET - 90 DAYS TO CAT ( Part 33)
Автор: MBA Litmus | 1-on-1 Mentorship for CAT, OMET, GMAT
Загружено: 2022-10-09
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58 Days to CAT - ' Installments - Basics and Shortcuts ' . In this topic we will learn the basics of time value of money, installments - simple interest and compound interest, shortcuts/formulae and some interesting questions.
After this, installments would be done and dusted. Do it really well. Hope you will enjoy solving the questions ! Cheers.
Try solving the below -
P = 2000, rate = 20%, 2 years compounded annually, what would be the value of two equal annual installments ?
Giving up was never an option. Have faith, and let's go to the other side together !
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