jim8z3

I learned it from the answer sheet
2/10 net 45 (2% discount if paid within 10 days. Otherwise pay within 45 days)
=[(1+(2/98))^(365/35)]1
calculate it in parts. i also fell from the sky when i saw this question. later when i checked in the answer sheet, it said that the CFAI considered replacing this question cause it was unfair but later decided to keep it. according to them, students can learn it this way.