Recent content by Blazerkidd

yeah absolutely - i've been toiling at these Qs for god knows how long... well from what the textbook suggests - you have to use the formula for effective interest rate E = (1+r)^n - 1 for Q1/2 and annuities for Q3. Annuities formulas : Present: N = M[(1+r)^n - 1]/r(1+r)^n where M =...

Couple of these Q's below I've been stuck on for some time :S... financial maths is so hard! I think this stuff is related to annuities/loan repayments - textbook btw is 'Insight' by John Ley/Michael Fuller 1. Calculate the effective interest rate for this loan using simple interest: $550 over...

Couple of these Q's below I've been stuck on for some time :S... financial maths is so hard! I think this stuff is related to annuities/loan repayments - textbook btw is 'Insight' by John Ley/Michael Fuller 1. Calculate the effective interest rate for this loan using simple interest: $550 over...

Couple of these Q's below I've been stuck on for some time :S... financial maths is so hard! I think this stuff is related to annuities/loan repayments - textbook btw is 'Insight' by John Ley/Michael Fuller 1. Calculate the effective interest rate for this loan using simple interest: $550 over...