Some part of the equation is not clear. Please show how to get the answer...
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Finance
Some part of the equation is not clear. Please show how to get the answer based on the equation(the numbers and formulas are correct)
1.01 0.02 1+ 0.02 Cost = (0.970685 + (0.980392) 61+ 0.140 21+ 0.15 (1+0.15) + 1.010 0.02 1+ 0.020 = (0.970685) +(0.980392) + 61+ 0.140 61+ 0.15 1.152 0 = 1.633187
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