Course Two Level of Difficulty

[ookawasan]

Hi Guys, for the interest theory portion of EXAM 2, which topic do you find is the most difficult? Or which chapter in the Kellison Text is the hardest for you? I have so far read 1-3 and the only problem that I seem to have is counting the time periods.

Does it get harder with the Varying annuities and Amortization? Or is the level of difficulty pretty much the same like chap 1 to 3? Thanks

[M.]

There was a generic formula for the Varying annuities in the Kellison book. I memorized that one, which I thought was easier than remembering a handful of different ones for increasing, decreasing, increments other than 1, etc.

Amortization didn't seem very difficult, but maybe I'm weird.

[burton leon reynolds]

I personally think that it does get harder ... if you approach the problems the way the books reads. OTOH, if you work enough problems you will realize that there are more intuitive approaches using basics principles.