Re: jnu

Posted by neha. on May 08, 2012; 10:17am
URL: http://discussion-forum.276.s1.nabble.com/jnu-tp7463007p7538534.html

No problem:)

Yeah,,, thats rite,,, thats why i have divided it by 1.11^0.5,,, so if one deposits 55*1.11^-0.5 today,,, he gets 55*1.11^-0.5*1.11^0.5 = 55 in six months time... hence 55*1.11^-0.5 is the present value of 55 due in six months time ,,,