› CFA › CFA Level 1 › TVM; Practice Problem 18 [EAR]

Quant

TVM; Practice Problem 18 [EAR]

Add A Reply
Login
Topic Resolution: Not Resolved
  • Author
    Posts
    • Avatar of TSDUELTSDUEL
      Participant
        • CFA Level 1
        12 Jul 2021 at 2:12 am
        Up
        3
        Down
        ::

        Hi

        I am not understanding this question (the solution) at all. I understand part A and calculating EAR. However, solving for N does not make sense to me. How does one get 46.21 (years)?!

    • Author
      Posts
    Viewing 0 reply threads
    • You must be logged in to reply to this topic.