@suchi1996's post

in Official Quants Group|CAT:2019|MBA:2020-2022
Updated yesterday

@TanujA3 always get stuck in installment. though I did this topic but can't do it in exam

Post 60720859832555
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karthikmadkekar
@karthikmadkekar  ·  47 karma

P = 25200 , Q  = 25410  Difference is 210

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karthikmadkekar
@karthikmadkekar  ·  47 karma

i) For CI, Annual istallment of X=14520 is made. P= (X/1.1) + (X/1.21) See the present value of the each installment

ii) For SI, Final amount after 2 years = (1.1)X+X  This is equal to Q(1.2) 

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