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Sir then do not we need more than 80,000 if we pay with interest? Sir i have already watched the lectures.
Sir I think I’m missing something very important and my questiom may sound stupid as well but i really dont understand about this and I don’t know where am i confused.
If our annuity is for 10years so each year we get amount including interest, if we remove the interest from the amounts we get each year and add them up so their sum will be equal to the amout we have deposited right?
So given the discout factor of 14 years in the table and we subtract 3years discount factor as it started in the forth year, so using the AFTER substracted discount factor, will it give us the same amount we deposited?
Maybe I’m in the complete misconcept or i don’t understand this annuity procedure.
Sir can u please explain the reason behind this? Because we calculate cost of sales but the way u have told it included cost of production and not some part sales.
Oh sorry Sir I always go to ASK TUTOR but in the end by mistake i select student forum and thank you:)