eMShi Blog

Today is really quite a stress day. After long time, got into such a course examination. Although, it was only pre test, means that the score won’t be calculated to the final score. Still, it was challenging. Just imagine, if you got low score in preliminary, how can you get good score in more advance materials further. Felt like the head lose concentration and go down. O, it may because not having breakfast and less sleep. Since it’s a finance examination, most of the questions dealt with numbers. The formulas to be remembered not so complicated actually, but the way we count could be exhaustive. Thankfully, there is FC, stands for Financial Calculator, and it may be used in the examination. Without getting to recall what the formula was, we just needed to make a logic of the question, and input it in the FC, and the result showed up. And since the question was multiple choice, we could almost sure that our calculation was right. So, how much would you pay for an investment with constant return of $200 per year for five years, with the first payment begin two years from this date, given the rate 5% for the first five year and 6% for the remaining year? Have your FC count it, and a scrap paper! .