Did any of u noticed something in the examples provided by schweser notes regarding this topic ? in page 106 the example states an annuity for 3 years starting today , the time line included 3 cash flows , the example on page 107 stated the same years and the time line was drawn with 4 cash flows !!! , which one is the right one , I cant understand it at all…!
i think you need a break… it says if you deposit 1000 today and at the beginning of the next 3 years…
my bad ! , thanks for that , i have been looking at the 2 examples for like half an hour ! , it seems that i really need a break , thanks again.