CFA Level 1-December 2012

Calculate the annualized cost of trade credit for invoice terms of 2/10 net 60 when invoice is paid on 50th day?
a) 20 b) 20.2 c) 21

@[582498:iwantgovtjob]

Buddy waise to 109% ayega but annualized kaise krnge ap hi btado

@[566884:mba4mheart]- kaunsa formula lagaya bhai

@[582498:iwantgovtjob]

Bhai wai

(1 + .02/1- .02)^365/10 - 1

corporate finance k wrking capital me h na........i also frgot the formula abhi book khol k dkha

@[566884:mba4mheart] - answer is 20.2 but i cant understand how to solve it on calcultor

@[582498:iwantgovtjob]

formula??????

a yaar @[566884:mba4mheart]- ha yar forumula ye kaise lagaye calci pe

bhai agar yai formula lgaya h jo me lgaya h to ans to 109% hi ayega

Bhai nothing much just solve the bracket and then press y^x and then 36.5(365/10) and then = aa jayega

Bhai 20.2 to tab ayega jab 365/40 krnge

y 365/10 nai hoga yar . It will be 365/ 50-10

tanx bhai ye calci chalana and seekhna bhi musubat hai

@[582498:iwantgovtjob]

yes my bad bhai dimag me sai chl raha h calculation ulta kr raha tha...........20.2 it is

MBA bhai koi ni rat late ho gai na thak gae hoge
apka kitna ho gaya syllabus

@[582498:iwantgovtjob] ¨

Even by applying that formula i am not getting the answer. it is coming as 109% as stated by @[566884:mba4mheart]. 20.2 to nahi aa raha kahi se bhi. Plz explain....

hey guys,,, sorry to break in here. I am giving my exam in Dec 2012 as well. Good to see u guys are discussing things here. I just started prep and would like to know how long you guys took to finish each volume, I am doing volume one now - ethics

10 days per book

thanks @[582498:iwantgovtjob] - how many hours a day ? and do u just read through ? would anyone be willing to share their highlighted notes ?

@[240026:vigster]

Please visit earlier pages of threads, u'll get all of ur answers