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- 2013-8-17
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elcfa..thanks a lot...yes there was a typo -5 not 4...
my confusion is between accrued interest and interest payments...more like a coupon and a discount bond... am I missing something basic here?
I went about 300X10=3000
Annuity=PMT(6%,5,3000+5000)=1899
It appears I need real help here...what tells you between a coupon payment vs just accrual? |
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