So I've got my finance final coming up, and to prepare I decided to go over my midterm as it is a cumulative test. I'm going over one of the problems, for which I received half credit, 5 out of 10. As I'm going over the answers she gave us, I'm thinking well, I must have been pretty close since I got half credit. Also, she told us she would give us a few points as long as we draw the correct time line. I decided to look at my midterm answer to see exactly what I did wrong. I was not even close. Here you go:
11.
Part A. Correct Answer = $11,700.
My answer= $92,450
A difference of = $80,750
Part B. Correct Answer= $142,000
My Answer= $8,467,000
A difference of= $8,352,000
Oh and I had no time lines anywhere. How the shit did I get half credit?
welcome to umass bud
ReplyDeletethe difference is incorrect in part b. the correct difference is $8,325,000, a difference of $27,000. full credit for the post
ReplyDelete