Hi,
Just to know how it works on Excel. I don't have much command on Excel, so u got me.
Thanks,
Muhammad
oh ho ab ms excel per kia karna hai...???????
Hi,
Just to know how it works on Excel. I don't have much command on Excel, so u got me.
Thanks,
Muhammad
oright. what do u do???????????? that u don't have time.
Doing government job, working as Assistant Director Urban Planning in Multan Development Authority and enrolled in MBA at VU. N u?
is it Mba. Ex?
Nopes simple MBA, joined in Spring 2010 but didn't continue. Now I got readmission, but will finish in 2 years, inshaAllah.
ic u r lucky person..
Thank you.
you are welcome. So u r off tomorrow....
Interest rate/annum i =7%
Interest rate/month i =7/12% = 0.005833
Amount C =Rs. 8450
Number of years N =17
Number of periods n =17*12 = 204
Present Value (loan) PV =?
Using Formula mentioned in the book for Ordinary Annuity
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Putting Values PV=8450(1-(1+0.005833)^-204)/0.005833
PV =8450(1-(1.005833)^-204)/0.005833
PV =8450(1-0.3053)/0.005833
PV =8450(0.6947/0.005833)
PV =8450*119.098
PV =Rs. 1006380
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