D
dstdst123
Hi there,
Need your help.
On 1 Nov 2005, I bought a unit trust, with initial payment US$5000.
Subsequently, each month-end (starting 31 Nov 05), I put in US$200 for
a period of two years in a row.
On 1 Dec 2007, I will get back US$ 11,000 (including the initial
payment)
Question:
1) What is the interest rate throughout annuity period?
2) How to use the Microsoft Excel to calculate?
Thanks. Please e-mail me directly!
cheers
dstdst
Need your help.
On 1 Nov 2005, I bought a unit trust, with initial payment US$5000.
Subsequently, each month-end (starting 31 Nov 05), I put in US$200 for
a period of two years in a row.
On 1 Dec 2007, I will get back US$ 11,000 (including the initial
payment)
Question:
1) What is the interest rate throughout annuity period?
2) How to use the Microsoft Excel to calculate?
Thanks. Please e-mail me directly!
cheers
dstdst