February 20, 2003

Old Exam Questions

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You had to be there to fully appreciate this discussion of how to set up rate of return calculations.

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What is worth more, 100/yr for 20 years or 150/yr for 10 years? It depends on the interest rate. Here is how we approach this and find the interest rate where they are equally attractive by inspection.

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Posted by bparke at February 20, 2003 05:03 PM