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vrahul342
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vrahul342Beginner
Asked: January 26, 20222022-01-26T18:23:44+05:30 2022-01-26T18:23:44+05:30In: Quants (CFA L1)

Annuity concept on “t”.

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The ‘BGN‘ Mode and ‘END‘ mode used for solving Annuity sums on the basis of a particular ‘t‘ is quite confusing. It’s hard for me to figure out when a particular ‘t‘ shall be considered ‘End of the year’ or ‘Beginning of the year’. Can anybody explain the concept of t using Example 21 in a different way than Sanjay Sir did in the Class.

Annuity concept on “t”.
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