Diff b/w FRA formula in schweser and CFAI Cirriculum

himanshumh

Diff b/w FRA formula in schweser and CFAI Cirriculum.


Which 1 t use bcoz both give diff answers.

scarecrow

If you can point to a specific one, I can check it for you

I also suggest you check your math, the odds are they WILL give the same answer...

I don't even have those formulas memorized, I just use logic to write the formula, and each time I end up writting it a diff way...

Most likely a diff would be due to how you decided to do your work, take everything to the future and work with it there, or bring it all to the present and work with it here, same result...

I would just verify that they are the same and not bother understand them, just memorize them, understanding is very nice....but tick tuck tick tuck....