- If we r required to calculate PMT, then how do we decide to choose END MODE or BGN MODE.
casrinivas1998@gmail.comBeginner
Time value of money(Annuity Section)
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Payment at the end of the period then end mode
payment at the beginning of period then BGN mode
If there is any confusion draw a timeline or give a real date then things will be clear.
I know this is a very generic answer but your question was not specific. If you have any question where you got confused please attach the image in reply so that i can explain it better
Ok will add a question