qma exam (1 Viewer)

[Newbie]

what lecture is it up to?

 

[hk31]

8

 

[Newbie]

tata

 

[Newbie]

oh yeah
can someone tell me why this is

perpetual prize. investment earns 8% pa compounded quarterly
prize = 500 per year, how much do i need to invest

answer = 6067.96 ?

 

[Newbie]

ahh nvm im a newbie

 

[Newbie]

meanie

 

[crazylilmonkee]

u do the effective rate of interest for the 8% compounded quarterly so u get 8.24%
then u just use ur R/r formula and u get:
500/0.0824
=6067.96

arent u in fox's class?

 

[Newbie]

yeah
he sux im changing

 

[crazylilmonkee]

ditto that
im gonna go to yeung's on thur to check him out
haha but nah apparently hes good, well better

 

[Newbie]

i've checked him out already last thursday
his accent takes time to get used to
but he knows his stuff pretty well
instead of fox who just reads out YEUNG'S lecture notes to us

 

[crazylilmonkee]

yer.. but is yeung canto?
if he is, then i might be able to handle it..
are u canto newbie?

 

[Newbie]

yep i am

 

[crazylilmonkee]

watcha look like

 

[Newbie]

hey@
im the stalker here!

next time i see you i will say hi

 

[crazylilmonkee]

hahah
alriiiiiiiighty
or next time, i'll plonk next to james and ask him to point u and chen out

 

[Newbie]

james as in ruk?

yeah my friend knows what you look like so i will find him to identify

 

[Eeko]

 

[nerdd]

GO LOUIS

yeah hes the best

 

[Ragerunner]

Newbie is the guy in his sig. The one with the can of VB on his head.

Yep....he's going to be our future lawyer......fuck!

 

[Minai]

lol, yeung
he's always so happy to teach, that guy