Will we be required to calculate PMT this way (with different spot rates) and how do we find this from the calculator TI?
for example,
PMT/1.01 + PMT/(1.02)^2 + PMT/(1.03)^3 = 100
PMT=2.96
Will we be required to calculate PMT this way (with different spot rates) and how do we find this from the calculator TI?
for example,
PMT/1.01 + PMT/(1.02)^2 + PMT/(1.03)^3 = 100
PMT=2.96
You won’t.