First we looked at a HW question on Depreciation (see below)
The we started section 5.3 Annunities (notes below)
HW: Look at next 3 examples (videos right) and try questions from this section.
January 31st, 2014
2/1/2014 02:44:56 am
Sir I don't understand how the decimals work, or Q. 10 from 5.2?
2/1/2014 04:56:07 am
I have uploaded my handwritten solutions to all the questions in Chapter 4 in the next bolt entry - hope that helps?
2/2/2014 02:56:18 am
Sir why is the ration in example 3: 1 over 1.04 ? Why is it put under 1?
2/2/2014 11:20:35 am
Because the common ratio is 1/1.04. Multiplying by 1/1.04 is the same as dividing by 1.04
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