02-02-2009, 06:14 PM
Dear Amir,
You are right, for exam purpose one should use annuity formula.
Tariqab, thanks for correcting that the returns have to be received from 21 to 60 years and the installments were not 60. I just overlooked it.
Regards,
KAMRAN.
You are right, for exam purpose one should use annuity formula.
Tariqab, thanks for correcting that the returns have to be received from 21 to 60 years and the installments were not 60. I just overlooked it.
Regards,
KAMRAN.