but my point of view,this question should be calculate from annuity formula then u get right answer,and i think ur answer is wrong.phali option me 9000 every 6 month our 2nd me 2000 every 4 month then causes of big difference from it but u did just 1 percent.u calculate from annuity formula
On Wed, Apr 28, 2010 at 5:18 PM, mc090402550 Asad Munir <mc090402550@vu.edu.pk> wrote:
1. 19%2. 18%Option B is favourableOn Wed, Apr 28, 2010 at 4:14 PM, mc090404895 Muhammad Shehbaz Ul Qamar <mc090404895@vu.edu.pk> wrote:
bhai meray plz send me only ans financial management ka GDB ka ans urgent plz plzzzzzzzz
On Wed, Apr 28, 2010 at 4:58 PM, mc090402550 Asad Munir <mc090402550@vu.edu.pk> wrote:only answers
On Wed, Apr 28, 2010 at 2:31 PM, mc100206700 Hira Tahir Mansoor <mc100206700@vu.edu.pk> wrote:
kya sirf answer bhejna hai ya complete steps likhne hain?????????????????????????????????????please tell
On Wed, Apr 28, 2010 at 12:38 AM, mc090402739 Bilal Bin Akhtar <mc090402739@vu.edu.pk> wrote:
Anyone can send solution of GDB.Only 1 day left
On Mon, Apr 26, 2010 at 12:13 AM, Askari Helpline <vuaskarihelpline@gmail.com> wrote:
Total Marks 2 Starting Date Monday, April 26, 2010 Closing Date Wednesday, April 28, 2010 Status Open Question/Description Your father is 50 years old now and his plan is to retire exactly at the age of 60. His goal is to create a fund that will allow him to receive Rs15,00,000 at the time of retirement so that he can start a small business. He has searched the market and is confused between the two options:
- Option 1: To deposit Rs.9,000 after every 6 months in banks A
- Option 2: To deposit Rs.2,000 after every 4 months in banks B
Both banks assume payments at the end of respective months. As a business graduate, you have been asked to help him out as:
What interest rate assumption has the Bank A used in its offer?
What interest rate assumption has the Bank B used in its offer?
Which option is favorable?
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