R
Rebecca.Thomas
Member
Hi all,
I've had a poke around the forums although I gather that the general opinion is that this question was nasty, there doesn't seem to be anything explaining my area of confusion! So I was wondering if anyone could help
I'm generally unsure what's happening with the increasing annuity section of the payments - and how they jumped to a continuous annuity (in part iii, in part ii they basically said the increasing annuity didn't need to be discounted because increase rate = discount rate).
Does anyone have any idea what's going on here please?
Thanks x
I've had a poke around the forums although I gather that the general opinion is that this question was nasty, there doesn't seem to be anything explaining my area of confusion! So I was wondering if anyone could help
I'm generally unsure what's happening with the increasing annuity section of the payments - and how they jumped to a continuous annuity (in part iii, in part ii they basically said the increasing annuity didn't need to be discounted because increase rate = discount rate).
Does anyone have any idea what's going on here please?
Thanks x