View Single Post
Old 11-20-2017, 07:54 PM
Gandalf's Avatar
Gandalf Gandalf is offline
Site Supporter
Site Supporter
Join Date: Nov 2001
Location: Middle Earth
Posts: 31,121

Their solution is correct. Yours has the payment in the 3-year annuity at the end of year 2, not the beginning. The payment is at t=1, not t=2.
Reply With Quote
Page generated in 0.10412 seconds with 9 queries