present value of money is Rs.950000/-
every month il pay 100000/_ for 1 year..
then wat is d discounting factor?????????
and hw 2 calculate?????
plz help me its vry urgent..
uma CA Final (-) (266 Points)
23 March 2012present value of money is Rs.950000/-
every month il pay 100000/_ for 1 year..
then wat is d discounting factor?????????
and hw 2 calculate?????
plz help me its vry urgent..
Chandan Kumar
(Strategy Analyst)
(384 Points)
Replied 23 March 2012
Discounting factor for first month is 0.963
Chandan Kumar
(Strategy Analyst)
(384 Points)
Replied 23 March 2012
First calculate the Discounting rate then divide it by 12 and then find out the discounting factor
DF - 1st month = 1/(1+r/100)